There are three different property tax exemptions available to veterans who have served in the US Armed Forces. Obtaining a veterans exemption is not automatic – If you're an eligible veteran, you must submit the initial exemption application form to your assessor.Qualifying veterans and their family members are eligible for property tax breaks in New York City. Alternative Veterans Exemption - overview. Download the initial exemption application and fill it in. You can also call 311 to get one mailed to you. New York offers special benefits for service members, Veterans and their families including property tax exemptions, New York National Guard tuition assistance. To receive the disability exemption, you must forward a copy of your disability rating letter from the VA to the state. The application form for the alternative exemption is RP-458-b; it must be filed with your local assessor (instructions). "Eligible funds" Veterans' Exemption.