Excise tax

[funbun]

Right. Thanks for the correction. To be precise it's based on the sales price. IRS form 720 part II states: https://www.irs.gov/pub/irs-pdf/f720.pdf

41 | Sport fishing equipment (other than fishing rods and fishing poles) | 10% of sales price
110 | Fishing rods and fishing poles (limits apply, see instructions) | 10% of sales price
42 | Electric outboard motors | 3% of sales price
114 Fishing tackle boxes | 3% of sales price
44 | Bows, quivers, broadheads, and points | 11% of sales price
106 | Arrow shafts | $.63 per shaft
140 | Indoor tanning services | 10% of amount paid

https://www.irs.gov/pub/irs-pdf/f720.pdf

Therefore, if the sales price of one of my reels is $100, then I have to pay $10 in FET on each reel.

Honestly, this kind of thing needs to be discussed with a tax professional instead of an open forum. Don't take any of this as legal advice. See the IRS instructions for part II of form 720: Instructions for Form 720 (12/2025) | Internal Revenue Service