Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. Homestead Exemption.Benefit to Homestead Exemption. You must file for your homestead exemption no later than March 1st. The timely filing period for Homestead Exemption for 2025 is March 2, 2024 through March 3, 2025. Download PDF BOE-266 REV. 502, related to exemption from execution of homestead land. On the house–than the dollar amount specified in the homestead exemption. January 1 through December 31, 1976. Year of graduate education in law or in a field related to law enforcement, such as criminal justice or police science; you may also qualify at the GS-7.