New Mexico’s Tax-Free Back-to-School Weekend | Santa Fe News

New Mexico’s back-to-school tax-free weekend is here this weekend—Friday morning to Sunday night—letting you snag clothes, supplies, and eligible electronics without paying state sales tax, which can hit up to 9.44%. Since 2005, this annual event has been moved to align with school starts, now always falling on the last weekend in July. Along with 19 other states, New Mexico offers this savings boost to help families stretch their budgets, especially with the average tax rate at 7.11%. Officials urge shoppers to use the opportunity to save big—and to support local businesses, turning a wallet win into a community win. Last year, over 230,000 shoppers took advantage, proving it’s a smart, smart move for back-to-school prep. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c3d9ee5237d39e1d