Items Tax-Free in New Jersey
- What items are tax free in New Jersey?
- Most food, clothing, footwear, disposable paper products, prescription drugs, and over-the-counter drugs are not taxed in New Jersey.
- Regular clothing and shoes under $175 per item are not taxed.
New Jersey Tax-Free Week
- What are exempt purchases in NJ?
- The New Jersey tax-free week is from August 26 to September 4.
- Tax-free purchases during this period include computers, school supplies, sports equipment, and recreational items.
Sales Tax in New Jersey
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Calculating Sales Tax
- The formula to calculate sales tax is: sales price multiplied by the sales tax rate of 6.625%.
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Exemptions from Sales Tax
- New Jersey allows a $1,500 deduction for each child claimed as a dependent.
- Some goods exempt from sales tax under New Jersey law include clothing, footwear, most non-prepared food items, food stamps, and medical supplies.