Yes. Home and Business is a desktop product (CD/download). In the desktop editions (CD/download) you can prepare as many returns as you need. You get free efile for 5 Federal returns. Additional returns after that have to be printed and mailed.
Home and Business includes a state program. You can prepare as many state returns as you need (of that one state). There is a 24.99 state efile fee. There is no efile fee for New York state. There is no fee to print and mail the state returns.