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Boo to this Halloween trick: scary state sales taxes on candy!

October 31, 2014

Last year, I forgot to buy Halloween candy. The hubby and I ate an early dinner, turned off all our lights and hid upstairs until the trick-or-treaters finished their rounds.

This year, our house smells like chocolate!

Halloween candy bowl 2014
Our Halloween candy bowl! I was smart enough to wait until this morning to open the bags of candy. That will ensure we'll have enough for the kiddies.

Embracing Oct. 31 traditions: I hate that we missed out on Halloween last year.

We are child-free, but we get a kick out of the tradition, especially the very young kids making their first costumed forays. They're either enthusiastically into the whole "I get candy!" vibe or terrified. Either reaction is amusing.

It's also a good way to get a different perspective on the neighborhood kids, even the older ones who aren't quite ready to let go of childhood ways.

An added grocery tape tax: We have a good number of kids on our block, so I buy a lot of candy. I don't want to short the little beggars. And I definitely hate running out of treats.

So I shell out a bit more money, including taxes, on Halloween goodies.

I'm not alone. According to Florida TaxWatch and the Tax Foundation, Texas is one of 29 states that collect at least some tax on candy sales.

Halloween candy taxes nationwide via Florida TaxWatch Halloween candy taxes nationwide via Florida TaxWatch-2Graphic courtesy Florida TaxWatch, using Tax Foundation data.

In addition to the Lone Star State's 6.25 percent sales tax, we Austin residents also pay an extra 2 percent sales tax to the city.

But I don't mind. It's worth a few more pennies in October to see the young ghouls and goblins smile.

And it's a bargain to keep the older creatures of the night from toilet papering or egging our house!

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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