The applicant and the applicant's spouse must be residents of Mississippi to be eligible for homestead exemption benefits. Homeowners should contact their county assessment office (position 48) for a copy of their county's homestead and farmstead application form.A homestead exemption can benefit homeowners if one spouse in a twoincome household dies. To receive a homestead or farmstead exclusion, a Pennsylvania resident must submit an application to the county assessor prior to March 1. To apply for Homestead Exemption for the first time, you need to come to the Tax Assessor's Office located at 365 Losher Street, Suite 100, Hernando, MS 38632. How to apply for the Homestead Exemption to reduce your Real Estate Tax bill if you own your home in Philadelphia. To cancel your exemption, complete the Homestead Change or Removal form online in the Philadelphia Tax Center. First, and most common, is the homestead tax exemption. This is the filing that homeowners can make that reduces their ad valorem property taxes. If over 60 years old, you can claim the homestead exemption even if not living there, for example if your spouse is living in a nursing home.