Forms for Individuals. An applicant in a nursing home may qualify for a homestead exemption if: (1) he or she intends to return to the residence; (2) the household.Homestead exemption applications must be filed annually between February 2 and June 30. Application forms are typically available beginning February 2. Visit your local county office to apply for a homestead exemption. Online: Go to Homestead Tax Credit Eligibility Application page, and complete the online form. Filing an online application will be faster than mailing one in. GENERAL INFORMATION: Property owners applying for a residence homestead exemption file this form and supporting documentation with the appraisal district in. In 2024, the Homestead Exemption, which takes the form of a credit on property tax bills, allows qualifying homeowners a reduction that is equal to the taxes. Do you qualify for a Homestead Exemption tax break?