@LinaJ2018 The TurboTax Home & Business product page, Forms section, lists 1041 and K-1. It appears that this version can also file those forms. Please clarify. I need to file for domestic trusts (ex. Marital Trust) and need to generate K-1s.

No.  The Home & Business version can only enter a K-1 you get from a trust return into your personal return.

You need Turbo Tax Business.

The small business program (TT Business) is for 1120 Corporation, 1120S Corp, 1065 Partnership or 1041 Estate/Trust returns and will not do your personal 1040 return.   It  is a separate program from the Desktop Home & Business program or the Online Self Employed version.

Turbo Tax Business  is not available to do online or on a Mac.  You can buy the Window's version here.  And you can have both TT Business and TT Home & Business (or any personal version) installed on  your computer at the same time.

https://turbotax.intuit.com/small-business-taxes

Desktop Windows System Requirements

https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-...