To qualify, you must own and reside in your home on January 1 of the year application is made and cannot claim a homestead exemption on any other property. The application for the exemption under Tax Code Section 11.132 is Form 50-114, Residence Homestead Exemption Application (PDF).The Arizona homestead exemption is automatic, meaning that no written claim is required. There is a handy government document to register for a homestead exemption: Form 50114. You must file your homestead exemption application with your county tax officials. Fill out the Homestead Tax Credit, 54-028 form. Return the form to your city or county assessor. The affidavit and eligibility form necessary to file an application for exemption can be obtained from the assessor. Dallas County offers several exemptions that can reduce your tax bill. On any increases in their property tax bills to tenants in the form of higher rents.