STATEMENTS. This claim may be used to file for the Homeowners' Exemption for the Assessment Roll and the Supplemental Assessment Roll. Download PDF BOE-266 REV.To qualify for the homeowners' exemption, the home must have been the principal residence of the owner as of January 1 of that tax year. There is currently a property tax exemption for an owner-occupied residence of a qualifying senior or veteran with a disability (homestead exemption) A special tax statement is required to determine if any value exists. The tax exemption is for the value of the lien and does not include any equity of value. Automatic Homestead Exemption: This offers limited protection to homeowners without the need to file a formal declaration. Many California families are forgetting to claim a common homeowner tax break. Page form can get you your discount. Exemption forms are due June 30th each year.