Nebraska Homestead Exemption. Nebraska Homestead Helpline: (888) 475 - 5101.Nebraska Homestead Exemption Application, Form 458. If you own and live in a house in Fulton County, you may qualify for homestead exemption. LB 853 creates a new eligible taxpayer for the homestead exemption. Beginning January 1, 2023, any veteran who was honorably or. Disabled Veteran –. Fulton County homeowners have until April 1 to apply for a homestead exemption and receive a discount on their city, county and school property taxes.