To apply for the credit, taxpayers must fill out NYS tax form IT 214, Claim for the Real Property Tax Credit, and attach it to their NYS income tax return. How to fill out the Senior Citizens Property Tax Exemption in New York?1. Gather necessary documents, including proof of age and income. 2. Below are the most common exemptions. The "enhanced" STAR exemption will provide an average school property tax reduction of at least 45 percent annually for seniors living in median-priced homes. This webpage is designed to make homeowners in the Town of Babylon aware of several Real Property Tax Exemptions currently available. Gov or call (518) 457-2036. All new applicants must apply through the New York State Department of Taxation and Finance. This web page is to make homeowners in the Town of Smithtown aware of several Real Property Tax Exemptions that are currently available.