Exhibit 12
H&R BLOCK
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
	2013		2012		2011		2010		2009
Pretax income from continuing operations	$	702,011	$	576,070	$	627,703	$	723,414	$	736,132
Add: Fixed charges	146,954		164,848		169,140		170,528		186,729
Total earnings before income taxes and fixed charges	$	848,965	$	740,918	$	796,843	$	893,942	$	922,861
Fixed charges:
Interest expense	$	74,297	$	85,354	$	85,695	$	79,656	$	89,385
Interest on deposits	5,660		6,735		8,488		10,174		14,069
Interest portion of net rent expense (a)	66,997		72,759		74,957		80,698		83,275
Total fixed charges	$	146,954	$	164,848	$	169,140	$	170,528	$	186,729
Ratio of earnings to fixed charges
Including interest on deposits	5.8		4.5		4.7		5.2		4.9
Excluding interest on deposits	6.0		4.6		4.9		5.5		5.3

(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.