Attention: Before filling out form, download and save to your computer. Findings—2021 c 290: "The legislature finds that the homestead exemption is intended to protect the homeowner's equity in a home against unsecured creditors.The deadline to file your application is Dec. 31. Homestead Applications are taken throughout the year. However, the deadline for the exemption to apply for the current year's taxes is April 1 of that year. A property owner may apply for homestead as soon as the owner has moved into the property. SB 5408 will raise the homestead exemption to the county median sale price. Click here to learn what the new exemption amounts will be in your county. You may be eligible if you have limited income and you're at least 61 years old in the year you apply for the exemption. Please read the instructions before completing this application.