The Florida homestead exemption is a property tax break that's offered based on your home's assessed value and provides exemptions within a certain value limit. To qualify for the homeowners' exemption, the home must have been the principal residence of the owner as of January 1 of that tax year.It's referred to as head of household exemption. The homestead exemption and Save Our Homes assessment limitation help thousands of Florida homeowners save money on their property taxes every year. The claim form, BOE-266, Claim for Homeowners' Property Tax Exemption, is available from the county assessor. There is a process for appealing their decision and there are many ways to prove your homestead. How to Fill out Texas Homestead Exemption 2022 - updated 2024. Homestead: This exemption can help homeowners reduce state property taxes and protect surviving spouses from creditors. How your property taxes compare. See how your property tax rates compare to the top 50 metropolitan areas in the United States.