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Tax free weekend begins in New Mexico

Updated: 08/01/2014 8:49 AM | Created: 08/01/2014 8:09 AM
By: Nikki Ibarra, KOB Eyewitness News 4

Back to school lists are always long and having to buy all of it for your kids is not cheap.

"Just on the supplies alone? Probably like $30 to $40," shopper Kevin Lindstrom said.

"Probably $25, $30 a kid. You know, plus backpacks and stuff," said Tiffany Sandoval, who was shopping for her two kids.

Starting Friday and through the weekend, most school supplies, clothes and some computers will be tax free throughout New Mexico.

KOB Eyewitness News 4 did some school shopping to see what the total will be with and without tax. KOB used a recommended fourth grade supply list made by Albuquerque Public Schools. It included a box of crayons, folders, pencils–pretty standard supplies.

The total, with tax, came out to $40.05; without tax, $37.43. It's a small difference, but these days, every cent counts.

"For some families it means being able to get an extra t-shirt or backpack or a lunch box," said Delia Garcia with Walmart.

Sandoval says she is a fan of tax free weekend because it's not only tax free on supplies, but also on other back to school must haves.

"It saves more on the clothes. A couple of years ago, we did buy a computer and got the tax free on it and that saved a lot," Sandoval said.

Not everything is tax free, however. The deal only applies to school supplies that cost less than $30, clothes and shoes under $100, computers that cost less than $1,000 and computer equipment less than $500.

The savings end Sunday.

See the full list of tax-free items here: www.tax.newmexico.gov/tax-holiday.aspx.


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