Nebraska Homestead Exemption. Nebraska Homestead Exemption Application, Form 458.The Homestead Exemption reduces the taxable portion of your property assessment if you own your primary residence in Philadelphia. A statebystate guide to VA property tax exemptions, deductions and credits available to former service members with VA disability ratings. Additional exemptions based on income and disability. The Nebraska Homestead Exemption program is a property tax relief program for qualified individuals who own a home in Nebraska. Advisory Commission at 215-686-3256 to set up an appointment. Exemption: Disabled veterans can receive an annual reduction in the equalized assessed value (EAV) of their primary residence. 7. Qualified totally temporary disabled veterans and their surviving spouses. If you're a veteran applying for the exemption, you must fill out the Property Tax Exemption Application for Qualifying Disabled Veterans form.