You may file this application online at onestop.md. Maryland requires all homeowners to submit a onetime application to establish eligibility for the Homestead Tax Credit.Maryland requires all homeowners to submit a one-time application to establish eligibility for the Homestead Property Tax Credit. A homestead exemption is a legal provision that shields a home from some creditors following the death of a homeowner's spouse or the declaration of bankruptcy. Residence in the assessment records, the exemption from Maryland withholding applies. If you're eligible for the homestead exemption, the application process will vary depending on where you live. How do I file for Florida homestead exemption? Who is eligible for the homestead exemption in the state of Florida?