No.
TurboTax Desktop Home and Business can only prepare your personal tax return (form 1040).
To prepare form 1120S (for your S-corp, you can use TurboTax online for small businesses to prepare form 1120S by clicking here
Or you can use TurboTax Business CD/Download on a Windows computer (not compatible with Mac).
You can purchase TurboTax Business CD/Download from this page.
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