Filing a Senior Citizens General Homestead Exemption requires a completed application form and two additional documents. Use Form 8898 to notify the IRS that you became or ceased to be a bona fide resident of a US territory in accordance with section 937(c).Owner Occupied Exemption. The BOR accepts exemption applications for approximately 30 days, four times each year. In order to print the Homestead, Homestead Improvement or Senior Citizen Homestead Exemption form, you will be redirected to the Property Tax website. The Cook County Assessor's Office automatically renews Homeowner Exemptions for properties that were not sold to new owners in the last year. In order to print the Homestead, Homestead Improvement or Senior Citizen Homestead Exemption form, you will be redirected to the Property Tax website. The General Homestead Exemption is granted automatically in most cases.