Please Note: Please ensure you have the Form 458 Instructions for more information on properly completing this application. This can provide asset protection from creditors for at least some of house's value.A homestead exemption can benefit homeowners if one spouse in a twoincome household dies. Can I have dual homestead if I am selling my house? Homestead exemption applications must be filed annually between February 2 and June 30. Application forms are typically available beginning February 2. Nebraska property taxes vary depending on the location and property value. The Nebraska Homestead Exemption program is a property tax relief program that reduces all or a portion of taxes for homeowners in Nebraska who occupy a home. Application Submission. To apply for the Nebraska homestead exemption, the applicant needs to fill out and submit Form 458.
