Exemptions can reduce the taxable value of the property. You may file up to 4 exemptions.(d) A person who will be 65 years of age during the current assessment year shall be eligible to apply for the homestead exemption during that assessment year. If you have never received a Homeowner Exemption on your home, you will need to file an initial application. EX01: Homestead Exemption Application (First time applications only). Click "Begin Filing" and follow the instructions. The General Homestead Exemption is granted automatically in most cases. Last day to file an exemption claim for disabled veterans to receive. 90 percent of the exemption.