does the home and business version support forms 1065 with associated K-1's as well as form 1040 ?
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Business is the edition you want. https://turbotax.intuit.com/small-business-taxes/cd-download/
The TurboTax desktop CD/Download editions all support entry of a Schedule K-1, either from a Form 1065, Form 1120S or a Form 1041.
As both ee-ea and DoninGa mentioned, the version of TurboTax that supports Forms 1065 as well as Schedules K-1 is TurboTax Business. You would have to purchase a different version to complete the Form 1040 return.
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