How to fill out the Homestead and Other Exemptions in Virginia? This video will cover how to fill out the homestead exemption form.To qualify for a homestead exemption, you must own and occupy the property on which you are applying. Do not file this form with the Texas Comptroller of. You may file for any homestead exemption up to one year after the delinquency date. To qualify, you must own and reside in the home as of date of application and cannot claim a homestead exemption on any other property. When should I file an application for a homestead exemption?