Bookmark this page
Do you live in North Carolina? Do you need a new appliance? Then this is your lucky weekend.
North Carolina's Energy Star sales tax holiday began just after midnight Friday, Nov. 5 and runs through 11:59 p.m. on Sunday, Nov. 7.
During these three days, shoppers won't have to pay the Tar Heel State's 5.75 percent state sales tax, as well as local sales taxes, on certain energy-efficient appliances and systems. Eligible tax holiday items include clothes washers, freezers, refrigerators, central air conditioners, room air conditioners, air-source heat pumps, geothermal heat pumps, ceiling fans, dehumidifiers and programmable thermostats.
Even better, unlike North Carolina's back-to-school sales tax holiday, there's no purchase price limit or threshold. Whatever the qualifying energy-efficient item costs, it will be sold sans sales tax.
Note, too, that you might be able to legally double up on your tax breaks. Some energy-efficient home improvements also could net you a tax credit of up to $1,500 on your 2010 federal tax return.
Does your state offer tax holidays? Do you wait for the events to shop for the eligible items?
In addition to tax information on Bankrate, get more news, money-saving tips and expert advice by signing up for a free Bankrate newsletter.
