Obtaining a veterans exemption is not automatic – If you're an eligible veteran, you must submit the initial exemption application form to your assessor. Required Forms: Homestead Exemption Application for Veterans (DR-501DV).Deployed Military Active Duty. There are three different property tax exemptions available to veterans who have served in the US Armed Forces. All forms and instructions can be found on the Departments Forms Page under the tax type Property. Exemption AND PORTABILITY Forms.