Nebraska Homestead Exemption. Nebraska Homestead Exemption Application, Form 458.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. This can provide asset protection from creditors for at least some of house's value. Homestead exemption applications must be filed annually between February 2 and June 30. Application forms are typically available beginning February 2. Property held in the name of an entity such as a corporation, partnership, or limited liability company will not qualify. A homestead exemption can block the forced sale of a primary residence and provide tax relief for surviving spouses. Official website of the U.S. Social Security Administration. Q: How can I get my current property tax bill?