Can Notary Signing Agents Deduct Their Errors and Omissions Insurance and Supplies?
Errors and Omissions Insurance and Supplies?
Yes — E&O insurance, notary bonds, stamps, and signing supplies are all deductible business expenses for independent notary signing agents, since each one is required or ordinary to run the business.
Because notary work carries legal liability if a signing is ever done incorrectly, most notaries carry Errors & Omissions insurance and a state-required notary bond. Both are fully deductible, along with your notary commission fees, seal or stamp, and any journal you're required to keep by your state. These aren't optional extras — they're the cost of being legally able to notarize documents at all, which is exactly what makes them deductible.
Beyond the required basics, signing agents typically also spend on things like a reliable printer for loan documents, scanning equipment, and mileage to signing appointments, all of which are deductible business costs as well.
Other commonly deductible notary signing agent expenses:
State notary commission and application fees
Notary bond and E&O insurance premiums
Stamps, seals, and required notary journals
Printer, scanner, and paper/toner used for signings
Mileage to signing appointments and title company drop-offs
A common mistake: notaries forget to deduct smaller recurring costs like toner and paper, assuming they're too minor to matter, when across a year of frequent signings these add up to a meaningful deduction.
BossTax's free app tracks recurring signing supplies and mileage automatically, so small but frequent expenses like these don't get lost by tax time.
Not sure which notary expenses you're missing? Schedule a free 15-minute chat — no pressure, just answers. Click here.
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What Can Notary Signing Agents Deduct Besides Insurance and Supplies?
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