Boat Owners May Have Federal Tax Deductions Available Boat Owners May Have Federal Tax Deductions Available From Boat USALEXANDRIA, Va. -- Recreational boat owners who paid state sales taxes on a boat purchase, or those who secured a loan to finance a boat, may have some tax deductions coming to them when filing...READ THE FULL STORY ON Game & Fish GET THE NEWSLETTER Join the List and Never Miss a Thing. Email Address Sign Me Up