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Business & farm
TurboTax Home & Business is for filing a personal 1040 tax return. It includes SCH E for rental income, SCH F for farm income, and SCH C for business income of a disregarded entity. A sole proprietorship or single member LLC is a disregarded entity.
TurboTax Business is for filing a tax return for a non-living, non-breathing entity. THis includes Partnerships, multi-member LLCs, S-Corps, C-Corps, Joint Ventures, Estates and Trust. TurboTax Business can not be used to file a personal 1040 tax return of any type. TurboTax Business does not include IRS Form 1040 at all.
Partnerships & Multi-member LLC's file a 1065
S-Corps file an 1120-S
C-Corps file an 1120
Estates and Trusts file a 1041.
The above four tax forms are only available in TurboTax Business.