You cannot prepare a personal Form 1040 with TurboTax Business. If you need TT Business for a corporate or estate return you will also need Home and Business for your personal 1040. TurboTax Business can only be used on a Windows computer. Both programs can be installed on the same PC at the same time. Yes you will be preparing and filing those returns at separate times. And note that there are different deadlines for corporate returns.
Please review and read the details about these versions of the software:
https://turbotax.intuit.com/small-business-taxes/
https://turbotax.intuit.com/personal-taxes/cd-download/
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
