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1031 Exchange - investment property sold in 2021 and closed 2/28/22 replacement property
I was finally able to fill out Form 8821 to its entirety. However, I am not able to file/print my federal tax return because turbo tax states the form is not approved for release at this time until 3/31/22. My questions:
1. Does the 1031 exchange information I entered on federal flow automatically to my NJ tax return or do I have to make it manually generate by following some steps? If so, what are they?
2. I always file a non-resident NY tax return as well because my husband works in NY. Therefore, same question as above. Will the information just flow into the NY state tax return or do I have to force it to generate?
**My investment property sold was located in NJ and the replacement property purchased is in Florida**
Thank you for any help!