Massachusetts Tax Free Weekend 2024 – The Answers To All Your Burning Questions
Massachusetts Tax Free Weekend is back for another year. If you have a higher-priced item you’ve been holding off buying, the Massachusetts Tax Free Weekend could be a great time for you to finally bite the bullet and get it. Here’s everything you need to know.
What Is The Massachusetts Tax Free Weekend?
The annual tax free holiday weekend in Massachusetts is when the state suspends the collection of the 6.25% sales tax. It’s on most items that cost less than $2,500. The public officials have the holiday in August in an attempt to get more people out there shopping during a time that’s usually lighter for stores. It’s also a good time to give families some savings on those back-to-school purchases.
What To Expect From The 2024 Massachusetts Tax Free Weekend
The sales tax holiday for 2024 will be held the weekend of Saturday, Aug. 10, and Sunday, Aug. 11, the Massachusetts State Legislature said Thursday,. Most retail items of up to $2,500, purchased in Massachusetts for personal use on the two days, will be exempt from the state’s 6.25 percent sales tax.
The sales tax holiday applies only to eligible retail items bought for personal use by residents. Purchases by corporations or other businesses and purchases by people for business remain taxable.
FAQs About The Massachusetts Tax Free Weekend
What’s NOT included?
All sales of motor vehicles, motorboats, meals, telecommunications services, gas, steam, electricity, tobacco products, marijuana or marijuana products, alcoholic beverages and of any single item whose price is in excess of $2,500. (From Mass.gov)
Do internet sales count?
Yes they do. But to qualify, the purchase has to take place on the sales tax holiday, and during Eastern Daylight Time. You don’t have to pay sales tax even if the delivery happens after the sales tax holiday weekend.
Does layaway count?
Unfortunately, Layaway sales do not qualify for the sales tax holiday exemption.
Hope this answers all your questions. Happy Shopping!
