Only one senior need apply for the senior exemption, but all members of the household must include their income and social security numbers. Certain property tax benefits are available to persons age 65 or older in Florida.Eligibility for property tax exemp ons depends on certain requirements. Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. Seniors aged 65 and older with a household income below a specific limit (e.g. You are in the process of filing a petition with the Value Adjustment Board (the "VAB") to request a tax exemption or property classification for 2018. This.