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Yes you can install it on 5 computers you own. You have to log into their account to download it again. You only have to log into the same online account to install and activate the program. Then to file a return you can use your own account. And the returns are only on the computer that filed it. They are not in the online account so no one else can see your return, unless they use your computer.
TurboTax does not allow you "share" the license code among other people. The person who purchased the software is allowed to download it to up to five computers that they personally own, but they cannot give out the code to family members or others not in the household to use. Every download is linked to your sibling's TT account.
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