You can get information about your property tax benefits, including: Application status, Current benefit amounts, Proposed benefit for the upcoming tax year. Exemption applications must be filed with your local assessor's office.See our Municipal Profiles for your local assessor's mailing address. The Homestead Declaration is filed using Form HS-122, the Homestead Declaration, and Property Tax Credit Claim. You must complete a Wisconsin Homestead Credit Claim, Schedule H or Schedule H-EZ, to determine the amount of any benefit available. You may be eligible for a property tax credit on your property taxes if your property qualifies as a homestead and you meet the eligibility requirements. Applicants must file a Form CC-501 – Original Application for Homestead and Related Tax Exemptions, to apply for the homestead exemption on the new homestead. Though all property is assessed, not all of it is taxable. See a list of common property tax exemptions in New York State. Application Process: To apply for the Homestead Property Tax Credit, submit your application to your local assessor or county director of tax equalization.