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Here are 5 tax-free things and 5 that are not for NM's tax-free weekend
New Mexico tax-free weekend will begin at midnight August 4 and continue through midnight August 6.
The event has taken place the first weekend in August ever since the New Mexico Taxation and Revenue Department first instituted the legislation in 2005, according to the department's website.
There are price caps on specific items to remain eligible for the tax-free deduction, for example: up to $100 for one item of clothing or one pair of shoes; no more than $1,000 for a desktop computer, laptop, notebook or tablet; no more than $500 for a monitor, speaker, printer, keyboard, microphone or computer mouse; school supplies such as notebooks, paper, writing instruments, crayons, art supplies, rulers, bookbags, backpacks, handheld calculators, maps and globes are deductible up to $500 per item.
Five things that are available for tax-deductions
Baby clothes and diapers
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Computers
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Boots
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Cap and Gown
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Formal wear
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And five things that are not tax-deductible
No sports and specialty shoes
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No fabric, lace, knitting yarn and zippers
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No costumes and antique clothing
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No hair accessories
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No cellphones
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The full list of items available for discount can be found online at tax.newmexico.gov.