H&R BLOCK INC — Director's Dealing 2006

Jan 5, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2006-01-03

Reporting Person: WILSON BRET G (Vice President and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-03	Common Stock, without par value	J	12.023	$24.4500	Acquired	7536.1340	Direct
2006-01-03	Common Stock, without par value	J	2126.789	$24.4500	Disposed	5409.3450	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$8.0938	2010-06-30	Common Stock, without par value (17200.00)	17200.00	Direct
Call Option to Purchase	$16.1375	2011-06-30	Common Stock, without par value (16000.00)	16000.00	Direct
Call Option to Purchase	$23.0750	2012-06-30	Common Stock, without par value (8000.00)	8000.00	Direct
Call Option to Purchase	$21.6250	2013-06-30	Common Stock, without par value (5600.00)	5600.00	Direct
Call Option to Purchase	$23.8400	2014-06-30	Common Stock, without par value (5000.00)	5000.00	Direct
Call Option to Purchase	$29.1750	2015-06-30	Common Stock, without par value (5600.00)	5600.00	Direct

Footnotes

F1: Units acquired through dividend reinvestment under the H&R Block Deferred Compensation Plan for Executives, as Amended and Restated. Each unit has the value of one share of Common Stock.

F2: Units transferred out of the H&R Block Deferred Compensation Plan for Executives, as Amended and Restated. Each unit has the value of one share of Common Stock.