Eligible claimants who are 65 years of age or older on or before January 1 of the assessment year are now eligible for a homestead tax exemption. Fill out the Homestead Tax Credit, 54-028 form.Return the form to your city or county assessor. This application must be filed or postmarked to your city or county assessor on or before July 1 of the year in which the credit or exemption is first claimed. GENERAL INFORMATION: Property owners applying for a residence homestead exemption file this form and supporting documentation with the appraisal district in. To qualify for the homestead credit, the property must be your primary residence that you live in six months and one day out of the year. Most forms are in PDF format, click the icon below to download Adobe Reader. Complete list of Texas Comptroller Property Tax Forms and Applications click here. The application for the exemption under Tax Code Section 11.132 is Form 50-114, Residence Homestead Exemption Application (PDF). Address: City: State: ZIP: Phone: Answer these questions to determine eligibility: 1.