Check List – Fill out the Homestead Declaration Form completely, sign it and have it notarized. Taxpayers should use these forms and guides to apply for local tax abatements and exemptions and file property returns.Homestead tax exemptions allow homeowners to lower the amount of property taxes they pay. These exemptions might be based on a percentage of the home's value. Return the certification statement no later than 30 days from the date of the letter to the address provided in the letter. Under Massachusetts General Laws Chapter 59, Section 5, cities and towns can give property tax exemptions to certain individuals that qualify. Find out how much you'll pay in New Jersey state income taxes given your annual income. Customize using your filing status, deductions, exemptions and more. Find out how much you'll pay in Virginia state income taxes given your annual income.