If you have never received a Homeowner Exemption on your home, you will need to file an initial application. This loan is to help pay your current property tax bills.Line 10s, Homestead exemptions on most recent tax bill — Enter the dollar amount for any homestead exemption reflected on the most recent annual tax bill. What Property Tax Exemptions Are Available? There are a variety of property tax exemptions available to homeowners to help reduce their tax bills. Eligible senior taxpayers must complete an application and supply proof of age and property ownership. The General Homestead Exemption is granted automatically in most cases. Those that have a current mortgage, 2nd mortgage or reverse mortgage must check with their lending institution to see if you qualify. Neither of us is named on the deed of the other's home. Owner Occupied Exemption.
