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This statistic highlights H&R Block’s Number of Tax Returns Filed, split across Total DIY-Desktop, Total DIY-Online, Total assisted-Company-owned operations, and Total assisted-franchise operations, reported on a quarterly basis from Q1 2020 onwards.
H&R Block Inc., or H&R Block, is an American-origin company involved in tax preparation. They operate in Canada, Australia, and the US. Here, H&R Block stands for the names of its founders–Henry and Richard Bloch. The company offers payroll in addition to business consulting services, consumer tax software, and online tax preparation from their website.
|Number of Tax Returns Filed||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
|Total DIY – Desktop||88||32||36||1.93%|
|Total DIY- Online||1,270||60||813||43.70%|
|Total assisted – Company-owned operations||1,190||193||725||38.97%|
|Total assisted- franchise operations||516||93||286||15.37%|
(All figures in thousands, except for percentages)
The total number of tax returns filed by H&R Block stood at 1,860 thousand in Q3 2021. The number of tax returns filed declined from 3,064 thousand in Q3 2020 to 382 thousand in Q2 2021, marking a huge percentage decrease of 87.5% in the latest quarter. Also, this decline was followed by a major recovery as several tax returns inclined from 382 thousand in Q2 2021 to 1,860 thousand in Q3 2021, indicating a tremendous increase of 386.91% on a quarter-on-quarter basis. On a year-on-year basis, the number of tax returns filed declined from 3,064 thousand in Q3 2020 to 1,860 thousand in Q3 2021, witnessing a decrease of 39.29%.
H&R Block’s Number of Tax Returns Filed is bifurcated in the following ways:
H&R Block provides DIY Tax filing facilities as well. Taxpayers have multiple ways online to access H&R Block, which includes the H&R Block apps, H&R block software, H&R Block Online products, downloaded H&R Block Software products, virtual tax prep, or booking an appointment at an H&R Block retail tax office.
Tax returns filed decreased from 88 thousand in Q3 2020 to 36 thousand in Q3 2021, marking a sharp decline of 59.09% on a year-on-year basis. Also, tax returns worth inclined from 32 thousand in Q2 2021 to 36 thousand in Q3 2021, marking an incline of 12.5% on a quarterly basis. This category had the least contribution of 1.93% in Q3 2020.
This category deals with online assistance in filing. H&R Block’s Tax Returns prepared in the DIY (online) segment declined from 270 thousand in Q3 2020 to 81.3 thousand in Q3 2021, registering an absolute decline of 93.59% on a year-on-year basis. Also, tax returns worth increased from 60 thousand in Q2 2021 to 813 thousand in Q3 2021, marking the tremendous increase of 1,255% on a quarterly basis. This category makes the most contribution of around 43.70% in Q3 2021.
Total assisted-Company-owned operations
This category involved assistance provided in filing of tax returns for company-owned operations. H&R Block’s Tax Returns prepared in the Company-owned operations segment declined from 1,190 thousand in Q3 2020 to 725 thousand in Q3 2021, marking a huge decline of 39.07% on a yearly basis. Also, the tax files inclined from 193 thousand in Q2 2021 to 725 thousand in Q3 2021, making an increment of 275.6% on a quarterly basis. This category contributes a significant portion of 38.97%.
Total assisted-franchise operations
This category involved assistance provided in the filing of tax returns for franchise operations. H&R Block’s Tax Returns prepared in the franchise operations segment declined from 516 thousand in Q3 2020 to 286 thousand in Q3 2021, indicating the huge decline of 44.57% in tax returns filed on a yearly basis. Also, the tax returns filed increased from 93 thousand in Q2 2021 to 286 thousand in Q3 2021, making up for the huge increase of 207.52% on a quarter-on-quarter basis. This segment contributes 15.37% to the total number of tax returns filed in Q3 2021 by the company.
H&R Block, Inc. is an American-origin tax preparation company. Founded in 1955 by brothers Henry and Richard Bloch, for decades the brand has been synonymous with taxes and continues to be a leader in the industry as the only company to offer a complete choice for customers to get assistance on tax on their terms. It could be in person, online, and extends to virtual options. The company offers services such as payroll, consumer tax software, business consulting services, and electronic filing from its website.
It is headquartered in Kansas City, Missouri, U.S. As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals worldwide. The business area of this company extends to retail and digital tax services, block advisory, maintains financial services products, including the Emerald Card pre-paid debit card and Emerald Advance line of credit. Additionally, the company’s Tax Identity Shield offers fraud protection.
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