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N.C. appliance sales tax holiday

By Kay Bell · Bankrate.com
Friday, November 5, 2010
Posted: 2 pm ET

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?

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