FORM 5695 CREDIT FOR SMART INDUCTION COOKTOP, WHERE DO I ENTER IT IN LACERTE?

Why do you think it goes on the 5695?

"Smart induction cooktops may qualify for federal incentives under the Inflation Reduction Act, primarily through state-administered rebates rather than a direct tax credit."

"While they do not directly qualify for the 25C federal energy tax credit, associated electrical panel upgrades for installation may qualify for up to $4,000."

Appliances, particularly meeting Energy Star specifications, might qualify for State or provider credits. A GE induction stove would qualify for a rebate from GE as well as from the local electric utility, for example. This would be stovetop, range, refrigerator, clothes washer/dryer, dishwasher. A water system might offer a rebate for an automatic system controller installation with a rain sensor. 

For Feds, you need to go to the source. IRS, not AI and not the manufacturer.

There are two types of Fed credits: Energy efficient home improvements and residential energy property. There's a generating equipment credits as well, such as solar, but you aren't working on this.

Energy efficient home improvements and property would be: 

• Exterior doors, windows, skylights and insulation materials
• Central air conditioners
• Biomass stoves and boilers
• Home energy audits
• Natural gas, propane or oil water heaters
• Natural gas, propane or oil furnaces
• Hot water boilers
• Electric or natural gas heat pumps
• Electric or natural gas heat pump water heaters

You mentioned $1,200. From the IRS...The maximum credit you can claim each year is:

• $1,200 for energy efficient property costs and certain energy efficient home improvements, with limits on exterior doors ($250 per door and $500 total), exterior windows and skylights ($600) and home energy audits ($150)
• $2,000 per year for qualified heat pumps, water heaters, biomass stoves or biomass boilers

Here are a couple of links:

https://www.irs.gov/credits-and-deductions-under-the-inflation-reduction-act-of-2022

https://www.irs.gov/credits-deductions/home-energy-tax-credits