The invention relates to an inlaying method and device of digital watermarks in text documents. The method comprises the steps that electronic form text documents are converted to EMF documents, the converted initial EMF documents are opened, document header parameter information is used for setting up corresponding target EMF documents, all GDI functions and parameter information of the GDI functions in the initial EMF documents are all searched, whether the DGI functions are TEXTOUT is judged, if yes, all font information is read and watermark information is inlaid, and then the GDI functions are copied to the target EMF documents, if not, the DGI functions are directly copied to the target EMF documents, and after all the initial EMF documents are processed, all target EMF documents inlaid with the watermark information are subjected to the final output conversion operation. According to the method and device, the problem of watermark information inlaying of various electronic form text documents and paper text documents is solved, and safety monitoring and controlling, source tracing and content protection of important text documents are achieved.