NOTE: Do not write in 1-inch margin. To qualify, you must own and reside in your home on January 1 of the year application is made and cannot claim a homestead exemption on any other property.This video is the exact tutorial the exact demo on how to do the homestead exemption how to file it. How can I find out what my listed exemptions are? Contact your local Appraisal District. Complete the Homestead Declaration form. The form must be printed legibly in black ink. Application Form: Obtain and complete the Residence Homestead Exemption Application Form 50-114. Property Tax Payments for 2023 are due October 15. Use SmartAsset's tools to better understand the average cost of property taxes in your state and county.