EXHIBIT 12

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

	2008		2007		2006		2005		2004
Pretax income from continuing operations before change in accounting principle	$	745,221	$	635,798	$	510,482	$	527,613	$	459,570
FIXED CHARGES:
Interest expense		69,620		105,393		76,367		82,311		81,672
Interest on deposits		42,878		27,475		—		—		—
Interest portion of net rent expense (a)		115,837		106,063		100,606		81,386		72,607
Total fixed charges		228,335		238,931		176,973		163,697		154,279
Earnings before income taxes and fixed charges	$	973,556	$	874,729	$	687,455	$	691,310	$	613,849
Ratio of earnings to fixed charges
Including interest on deposits		4.3		3.7		3.9		4.2		4.0
Excluding interest on deposits		5.2		4.1		3.9		4.2		4.0

(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.