Boat Excise Tax

Whether registering your watercraft for the first time or renewing your registration, you will pay an annual boat excise tax. The boat excise tax amount is based on watercraft class and age. The age of a watercraft is measured in years and is counted from the manufacturer's model year. The class of a watercraft is based on the watercraft price as determined by the manufacturer's original retail price when the boat was new. Please note that in addition to the boat excise tax, boat owners may be required to pay a Department of Natural Resources (DNR) Fee and a Lake and River Enhancement (LARE) Fee.

 

Age:
1

Age:
2

Age:
3

Age:
4

Age:
5

Age:
6

Age:
7

Age:
8

Age:
9

Age:
10

CLASS 1
Price:
$0 to
$499

$2

$2

$2

$2

$2

$2

$2

$2

$2

$2

CLASS 2
Price:
$500 to
$999

$6

$6

$6

$6

$6

$6

$6

$6

$6

$6

CLASS 3
Price:
$1,000 to
$1,499

$20

$18

$16

$14

$12

$10

$10

$10

$10

$10

CLASS 4
Price:
$1,500 to
$1,999

$30

$27

$24

$21

$18

$15

$15

$15

$15

$15

CLASS 5
Price:
$2,000 to
$2,999

$42

$38

$34

$30

$26

$21

$21

$21

$21

$21

CLASS 6
Price:
$3,000to
$4,999

$55

$50

$44

$39

$33

$28

$28

$28

$28

$28

CLASS 7
Price:
$5,000 to
$7,499

$70

$63

$56

$49

$42

$35

$35

$35

$35

$35

CLASS 8
Price:
$7,500 to
$9,999

$88

$80

$71

$62

$53

$44

$44

$44

$44

$44

CLASS 9
Price:
$10,000 to
$14,999

$110

$99

$88

$77

$66

$55

$55

$55

$55

$55

CLASS 10
Price:
$15,000 to
$22,499

$150

$135

$120

$105

$90

$75

$75

$75

$75

$75

CLASS 11
Price:
$22,500 to
$34,999

$200

$180

$160

$140

$120

$100

$100

$100

$100

$100

CLASS 12
Price:
$35,000 to
$49,999

$275

$248

$220

$193

$165

$138

$138

$138

$138

$138

CLASS 13
Price:
$50,000 to
$74,999

$375

$338

$300

$263

$225

$188

$188

$188

$188

$188

CLASS 14
Price:
$75,000 and
over

$500

$450

$400

$350

$300

$250

$250

$250

$250

$250

Watercraft Placed in Storage

  • A flat boat excise tax of $12 is owed for watercraft held in storage rather than used on the waterways. To declare that your watercraft has been placed in storage and pay excise storage tax rather than boat excise tax, you must present a copy of the storage contract or receipt from a storage facility. The contract or receipt must have a description of the watercraft (Year, Make, and Model and HIN)
  • No watercraft decals are issued.

Boat Excise Tax Credits and Refunds

If you have sold, destroyed, or otherwise disposed of your watercraft you may be eligible for a  credit or refund of boat excise tax including boat excise storage tax. The credit may be applied toward any other BMV transaction.

Refunds can be sought by visiting a BMV branch or by mailing the Application for Boat Excise Tax Credit/Refund – State Form 23389 to the address indicated on the form.