New Jersey Announces Sales Tax HolidayJune 24, 2024

By David Engel CPA

The New Jersey Division of Taxation is advising taxpayers of an upcoming sales tax holiday for certain retail sales of computers, school supplies or recreational equipment when sold to an individual purchaser for non-business use. ( Sales Tax Holiday for Certain Retail Sales, N.J. Div. of Taxation, 06/18/2024 .)

This holiday will take place between August 24, 2024 and September 2, 2024. Sellers should not charge sales tax on eligible items when purchased during the sales tax holiday. The following items are eligible for this exclusion: (1) computers with a sales price of less than $3,000; (2) school art supplies; (3) school computer supplies with a sales price of less than $1,000; (4) school instructional materials; (5) school supplies; and (6) sports and recreational equipment.

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