tagteam
Level 15

Get your taxes done using TurboTax

"can I file 1040 and 1041 with turbo tax business?"

No. TurboTax Business is not capable of preparing individual income tax returns (e.g, Form 1040); it can only prepare returns for entities. Therefore, you still need a TurboTax personal income tax preparation product and the only online editions of TurboTax that allow K-1 entry are Premier and Self-Employed (but any desktop (CD/Download) version can be used for that purpose).