Eligible veterans are entitled to a property tax exemption if their municipality has voted to accept the exemptions. Depending on your disability rating, income and the state you live in, you may be able to receive a partial or full property tax exemption.Please read the instructions on the back of this form before you complete it. What is the Homestead Exemption? A statebystate guide to VA property tax exemptions, deductions and credits available to former service members with VA disability ratings. The City may grant additional tax relief. Douglas County has additional exemptions for 62 years of age or older, disabled veterans or their surviving spouses, and totally disabled homeowners. Check the status that applies to you and complete the questions that follow. VETERAN. Additional exemptions based on income and disability. What State Has the Most VA benefits?