Homestead status can save you money on your property taxes. Individual taxpayer identification numbers now qualify property owners for homestead exclusion.The Nebraska homestead exemption is a tax relief program that takes some of the cost of property taxes off of certain homeowners. 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. Homestead exemption applications must be filed annually between February 2 and June 30. Application forms are typically available beginning February 2. Volunteers Assisting Seniors will be at the following locations to help fill out your Homestead Exemption Application. This service is free. You must file between February 1 and June 30 EVERY YEAR in the Assessor's office. Applicants must also submit a resume and cover letter.