Disabled applicants must complete form DTE 105E,. The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion."The homestead exemption allows lowincome senior citizens and permanently and totally disabled Ohioans, to reduce their property tax bills. Download the Act 50 Applications(PDF, 1MB) and complete it. Homestead Exemption. The application period is now open for the Owner Occupancy Tax Reduction; the Homestead Exemption for Senior Citizens, Disabled Persons and Surviving Spouses. To ensure you qualify, be sure to click the link next to the summary to see your state's complete tax exemption requirements. In order to be exempt from the income test, the homeowner must have received the homestead exemption credit in Ohio in tax year 2013. DEFINITIONS. A statebystate guide to VA property tax exemptions, deductions and credits available to former service members with VA disability ratings. Additionally, every state but Delaware offers a version of property tax relief for veterans or disabled veterans.