SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

West Marc

(Last)

(First)

(Middle)

ONE H&R BLOCK WAY

(Street)

KANSAS CITY

64105

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/06/2007

3. Issuer Name and Ticker or Trading Symbol
H&R BLOCK INC [ HRB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, Commercial Markets

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, without par value	17,677.709	D
Common Stock, without par value	942.002	I	By 401(k)
Common Stock, without par value	3,800	I	By IRA
Phantom Stock⁽¹⁾	162.672	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Call Option to Purchase	09/13/2005⁽²⁾	09/13/2014	Common Stock, without par value	60,000	$24.145	D
Call Option to Purchase	06/30/2006⁽²⁾	06/30/2015	Common Stock, without par value	48,000	$29.175	D
Call Option to Purchase	06/30/2007⁽²⁾	06/30/2016	Common Stock, without par value	80,000	$23.86	D
Call Option to Purchase	06/30/2008⁽²⁾	06/30/2017	Common Stock, without par value	100,000	$23.37	D

Explanation of Responses:

1. Shares of stock units are held in the H&R Block Deferred Compensation Plan for Executives or the H&R Block Deferred Compensation Plan for Directors. Each unit has the value of one share of Common Stock.

2. The option vests in three equal annual installments beginning on the first anniversary of the date of grant.

Remarks:

	By: Andrew J. Somora per Power of Attorney	09/18/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.