You can also download a PDF version of the form online. Complete the form and submit it to the Department of Revenue as directed within the PDF.The Homestead Exemption reduces the taxable portion of your property assessment if you own your primary residence in Philadelphia. Permanent Florida residency required on January 1. Apply for the Philadelphia Homestead Real Estate Tax Exemption to save money on your real estate taxes. The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion." Claiming a Florida homestead exemption involves some very specific requirements that must be completed within a specified time frame. The final deadline to apply for the Homestead Exemption is December 1 of each year. Edit, sign, and share homestead exemption online. No need to install software, just go to DocHub, and sign up instantly and for free.