Illinois veterans and persons with disabilities may be eligible for tax relief through the property tax homestead exemptions and mobile home exemptions. Applicants must file a Form PTAX-341, Application for Returning Veterans' Homestead Exemption, with the Chief County Assessment Office.Veterans who have a permanent and total disability that is. This exemption will apply to the 2025 tax bill. Veterans who have a permanent and total disability that is. 12 Are you an Illinois resident? Everyone is correct here.