Home&Business is the desktop version of "Self-Employed" online. It can prepare a schedule C for a single member LLC treated as a disregarded entity, but it can still only prepare a personal 1040 along with its required schedules and attachments.
Likewise, Turbotax Business can only prepare business and estate returns (1065, 1120, 1041, etc.) and can't prepare a personal 1040. If you have a multi-member LLC, you will need Business for your LLC, and you will then need some version of Turbotax personal edition (Deluxe, Premier or H&B) to prepare your personal 1040.
