EXHIBIT 12

H&R BLOCK

Computation of Ratio of Earnings to Fixed Charges

(Dollars in thousands)

	2012		2011		2010		2009		2008
Pretax income from continuing operations	$	576,070	$	627,703	$	723,414	$	736,132	$	635,106
FIXED CHARGES:
Interest expense		85,354		85,695		79,656		89,385		61,934
Interest on deposits		6,735		8,488		10,174		14,069		42,878
Interest portion of net rent expense (a)		72,759		74,957		80,698		83,275		81,577
Total fixed charges		164,848		169,140		170,528		186,729		186,389
Earnings before income taxes and fixed charges	$	740,918	$	796,843	$	893,942	$	922,861	$	821,495
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

(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.