What you need to know about Tax Free Weekend

AUSTIN (KXAN) - The annual tax free weekend officially started for Texas shoppers at 12:01 a.m. Friday. For the next three days state and local taxes will be waived on items like clothes, shoes and backpacks priced under $100.

“This year we are estimating that Texas shoppers are going to save about $87 million, and this has been going on since 1999, and since that time Texas shoppers have saved over $1 billion in state and local sales tax,” says Chris Bryan, a spokesman for the Texas Comptroller of Public Accounts.

While the yearly savings event has become known as the back-to-school holiday, Bryan says the event is for anyone.

“It’s important to remember it is not just back-to-school. It is not just you have a kid going back-to-school — if you have been eyeing that pair of jeans and waiting for an opportunity to go out and save a little money, this is a chance for you to take care of that.”

Items exempt from the weekend include accessories like purses and jewelry as well as any type of sporting equipment. Click here for a list of what’s exempt and what’s not.

Online shopping orders also fall under the tax free weekend rules.

“As long as each item is priced under $100, they are exempt from sales tax,” says Bryan. “So your total purchase can be over $100 but each items has to be under $100 to qualify for the exemption.”

The tax free weekend runs through 11:59 p.m. Sunday.

For those heading to San Marcos for shopping, the Northbound McCarty exit on Interstate 35 will be closed so the traffic from shoppers won’t back up onto the main lanes. Closures begin noon Friday and end 8 p.m. Saturday.

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