I am a member of an multi-member llc and will be receiving a K-1 from the LLC. Can I use the Home and Business version for this?

[MichaelL1 · Accepted solution]

Yes, and you can also use a lower version of TurboTax. 

TurboTax Premier (level right below Home and Business in price) is very good with K-1's.

If you have a Sch C business already as part of your return, then keep using the Home and Business and it will handle the K-1 and whatever else you have.