Online: Go to Homestead Tax Credit Eligibility Application page, and complete the online form. Filing an online application will be faster than mailing one in.The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion." Org for more information. This plan allows taxpayers to prepay their taxes with monthly billing. You can choose to mail in your payment or have it withdrawn from your account. Homeowners cannot be required to resubmit their application more than once every three years. Property owners with STAR benefits may wish to stop receiving the benefit for various reasons. You must fill-in the property identification number in order to submit this application. Homestead: This exemption can help homeowners reduce state property taxes and protect surviving spouses from creditors.