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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Personal FinanceApple

These Apple products are eligible for the upcoming sales tax-free holiday

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
July 19, 2023, 12:17 PM ET
Apple has listed the products it will offer tax-free during tax holidays this year.
Apple has listed the products it will offer tax-free during tax holidays this year. Apple
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As the dog days of summer hit and students begin dreading the inevitable return to school, many states offer tax-free weekends or holidays to encourage shopping (and help out people whose financial situation is shaky).

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While August 4 through 6 is the most popular time frame among the states that observe this tradition, it varies widely (so be sure to check your state’s dates, if the savings are offered there). While the focus is often on school supplies and clothing, those in the market for a new Apple device can also find noteworthy savings.

As the sales begin to rev up for 2023, Apple has listed the products that qualify for tax-free status on its website. Six states are listed—Alabama, Arkansas, Florida, Missouri, Tennessee and West Virginia. It’s unclear if the company will offer online tax savings for other states that observe tax-free holidays.

So what can you get? Well, it varies by state, but everything from Mac computers to iPhones and iPads are included. Here’s a brief list of what the company is offering. Note that all purchases must be made during the sales tax holiday period from that state—and the buyer must be an individual, not a corporation.

Alabama

Computers and accessories under $750 are eligible, along with iPads, printers and nonrecreational software. (Sorry, you’ll still have to pay tax on Diablo IV.)

Arkansas

There’s no sales price limit to the exemption, so you can get any computer, iPad, iPhone, printer or accessory tax free.

Florida

Florida caps tax-free computer (and tablet) spending at $1,500 for the holiday. Additionally, you can get up to $1,500 worth of accessories, ranging from keyboards and mice to hard drives and AppleCare tax free.

Missouri

Like Florida, there’s a $1,500 limit on both computers and accessories. Software is limited to $350 purchases.

Tennessee

$1,500 is the magic number here as well for computers, iPads and accessories. Software is not included in the offers.

West Virginia

With a cap of $500, you won’t be able to get an Apple computer tax-free in West Virginia, but iPad models under $500 are tax exempt on Apple’s site.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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