Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

BLOCK FINANCIAL LLC

	Three months ended July 31,
(Dollars in thousands)	2012			2012			2011			2010			2009			2008
Pretax income from continuing operations	$	(19,329	)	$	(3,107	)	$	(51,989	)	$	(16,843	)	$	(99,253	)	$	(40,555	)
Add: Fixed charges		21,963			90,213			92,325			88,130			102,388			106,858
Total earnings before income taxes and fixed charges	$	2,634		$	87,106		$	40,336		$	71,287		$	3,135		$	66,303
Fixed Charges:
Interest expense		20,638			83,469			83,828			77,947			86,973			63,916
Interest on deposits		1,323			6,735			8,488			10,174			14,069			42,878
Interest portion of net rent expense (a)		2			9			9			9			1,346			64
Total fixed charges		21,963			90,213			92,325			88,130			102,388			106,858
Ratio of earnings to fixed charges
Including interest on deposits		—			—			—			—			—			—
Excluding interest on deposits		—			—			—			—			—			—
Deficiency in the coverage of fixed charges by earnings before income taxes and fixed charges		(19,329	)		(3,107	)		(51,989	)		(16,843	)		(99,253	)		(40,555	)

(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.

H&R BLOCK, INC.

	Three months ended July 31,
(Dollars in thousands)	2012			2012		2011		2010		2009		2008
Pretax income from continuing operations	$	(169,269	)	$	576,070	$	627,703	$	723,414	$	736,132	$	635,106
Add: Fixed charges		37,965			164,848		169,140		170,528		186,729		186,389
Total earnings before income taxes and fixed charges	$	(131,304	)	$	740,918	$	796,843	$	893,942	$	922,861	$	821,495
Fixed Charges:
Interest expense		20,754			85,354		85,695		79,656		89,385		61,934
Interest on deposits		1,323			6,735		8,488		10,174		14,069		42,878
Interest portion of net rent expense (a)		15,888			72,759		74,957		80,698		83,275		81,577
Total fixed charges		37,965			164,848		169,140		170,528		186,729		186,389
Ratio of earnings to fixed charges
Including interest on deposits		—			4.5		4.7		5.2		4.9		4.4
Excluding interest on deposits		—			4.6		4.9		5.5		5.3		5.4
Deficiency in the coverage of fixed charges by earnings before income taxes and fixed charges		(169,269	)

(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.