Non-taxable items include:
- Clothing and footwear $100 or less
- School supplies such as pens, paper, and other classroom necessities $30 or less
- Computers $1,000 or less
- Various computer accessories $500 or less
Price limits are for each item, not the total amount spent for all purchases. The complete list of taxable and non-taxable items can be viewed online here. During the tax-free weekend, New Mexico law provides a deduction from gross receipts for retail sales of qualifying items; in effect allowing retailers to sell the items free of GRT. All New Mexicans are able to take advantage of the tax-free weekend.