EXHIBIT 12

H&R BLOCK
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)

	2009		2008		2007		2006		2005
Pretax income from continuing operations before change in accounting principle	$	839,370	$	735,071	$	627,261	$	531,320	$	588,568
FIXED CHARGES:
Interest expense		89,959		64,509		91,134		69,724		79,197
Interest on deposits		14,069		42,878		32,128		—		—
Interest portion of net rent expense (a)		102,685		99,871		94,978		95,189		76,504
Total fixed charges		206,713		207,258		218,240		164,913		155,701
Earnings before income taxes and fixed charges	$	1,046,083	$	942,329	$	845,501	$	696,233	$	744,269
Ratio of earnings to fixed charges
Including interest on deposits		5.1		4.5		3.9		4.2		4.8
Excluding interest on deposits		5.4		5.7		4.5		4.2		4.8

(a)

One-third of net rent expense is the portion deemed representative of the interest factor.

Note:

In computing the ratio of earnings to fixed charges: (a) earnings have been based on income from continuing operations before income taxes and fixed charges (exclusive of interest capitalized) and (b) fixed charges consist of interest expense and the estimated interest portion of rents. Interest expense on uncertain tax positions has been excluded from fixed charges, as it is included as a component of income taxes in the consolidated financial statements.