Eligible Veterans must submit the initial exemption application form to the assessor. There is a deadline for filing.Qualifying veterans and their family members are eligible for property tax breaks in New York City. Alternative Veterans Exemption - overview. Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address. The Veterans Exemption helps veterans and their family members reduce their property taxes. To be eligible, the property must be your primary residence. Learn more about exemptions and deferrals for senior citizens, persons with disabilities, and disabled veterans. Find out how to qualify and apply.