Obtaining a veterans exemption is not automatic – If you're an eligible veteran, you must submit the initial exemption application form to your assessor. There are three different property tax exemptions available to veterans who have served in the US Armed Forces.The Eligible Funds Exemption is for veterans who bought homes using "eligible funds," including pensions, bonuses, insurance, and mustering out pay. Group C: Certain Disabled Veterans and Their Widow(er)s. Forms. Proof of Disability - Veteran should be able to provide VA award letter or VA response to Veteran's request for certification. This exemption is available to disabled veterans (or their surviving, unmarried spouses). Senior citizens, veterans, surviving spouses of eligible veterans, and disabled persons may be eligible for additional tax relief.