There are no income and homestead value limits for categories 4V, 4S, 5, and 7. The. 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 assessor prior to March 1. The homestead can't exceed one acre in a city or 160 acres in a rural area. 7. Qualified totally temporary disabled veterans and their surviving spouses. 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. The exemption is available to homeowners who meet specific eligibility requirements, such as age, disability status, or income level. Please fill out this field.
