The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion." To receive a homestead or farmstead exclusion, a Pennsylvania resident must submit an application to the county assessment office.To receive a homestead or farmstead exclusion, a Pennsylvania resident must submit an application to the county assessor prior to March 1. Download the Act 50 Applications(PDF, 1MB) and complete it. How to apply for the Homestead Exemption to reduce your Real Estate Tax bill if you own your home in Philadelphia. To receive a homestead or farmstead exclusion, a Pennsylvania resident must submit an application to the county assessor. Applications. Homestead applications may be filed from December 15 through March 1 (or the next official business day should March 1 fall on a weekend). The filing deadline for qualified applicants to receive consideration for a Homestead exemption for property taxes is March 1. The filing deadline for qualified applicants to receive consideration for a Homestead exemption for property taxes is March 1. View the Homestead and Farmstead Exclusion Application (PDF).