Make sure you check both boxes 4 and 5 of Form 502B for each. Certain property tax benefits are available to persons age 65 or older in Florida.Eligibility for property tax exemp ons depends on certain requirements. The various exemption applications provide instruction for the required documents that must accompany the application to aid in the review for approval. At least one property owner is 65 years of age or older on January 1. Senior Tax credit is available to those who meet the requirements. The cards provide point-of-sale exemption from sales tax and other similarly imposed taxes throughout the United States. The Senior Tax Credit is available to homeowners at least 65 for whom the property is their principal residence. Prepare and file your taxes online – for free – directly with the IRS. Direct File is simple, accurate and secure.