Nebraska Homestead Exemption. Nebraska Homestead Exemption Application, Form 458.The homestead can't exceed one acre in a city or 160 acres in a rural area. How to Apply for Homestead Exemptions Homestead applications must be filed with the county assessor after February 1, and on or before June 30 of each year. Douglas County has additional exemptions. Homestead exemption applications must be filed annually between February 2 and June 30. Application forms are typically available beginning February 2. When applying for your county's homestead exemption, you must show proof of your income. You must file with the county or city where your home is located. Each county has different applications and required documents.