There are no income and homestead value limits for categories 4V, 4S, 5, and 7. The. Homestead exemption applications must be filed annually between February 2 and June 30.Application forms are typically available beginning February 2. If you have not yet filed your 2024 Nebraska Homestead Exemption Application, you may still be eligible to apply for a property tax exemption. How to Apply for Homestead Exemptions Homestead applications must be filed with the county assessor after February 1, and on or before June 30 of each year. I also declare that I am entitled to the Nebraska homestead exemption and have not applied for a homestead exemption elsewhere in the state. You must file the application (Form 458) with the county assessor's office where the original home resides between February 2 to June 30. The Nebraska homestead exemption is a tax relief program that takes some of the cost of property taxes off of certain homeowners. I also declare that I am entitled to the Nebraska homestead exemption and have not applied for a homestead exemption elsewhere in the state. In order to qualify real estate as a homestead, a homestead claimant and his family must reside in habitation on the premises.