Form 15G / 15H & Form 121 Eligibility Calculator

The EZTax.in Form 15G / 15H & Form 121 Eligibility Calculator helps estimate whether you may qualify to submit the applicable declaration to avoid TDS on eligible income, based on your financial year, age, residential status, income, deductions, and tax regime.

Form 15G is generally for eligible resident individuals below 60 and certain other eligible persons. Form 15H is for eligible resident individuals aged 60 or above. Form 121 applies under the new income-tax framework from FY 2026–27. Eligibility depends on the applicable rules and income type.

Form 15G may be submitted by eligible resident individuals below 60 and certain other eligible persons, subject to the applicable conditions. These include conditions relating to estimated tax liability, the specified income covered by the declaration, and the applicant category.

Form 15H is intended for eligible resident individuals aged 60 or above whose estimated tax liability satisfies the applicable nil-tax condition. The income type and other statutory requirements must also be checked.

Exceeding the basic exemption limit does not automatically make every applicant ineligible. Form 15G has separate conditions relating to estimated tax liability and the specified income covered by the declaration. Check the rules applicable to your financial year before submitting it.

Nil estimated tax liability is an important eligibility condition, but it may not be sufficient by itself. You must also meet the applicable requirements relating to residential status, applicant type, income type, and other statutory conditions.

Enter your estimated total income for the financial year, the eligible or specified income for which you want to submit the declaration, other income, and eligible deductions where applicable. Ensure that your total income includes the relevant income amounts and that you do not count the same income twice.

Generally, Form 15G and Form 15H are intended for eligible resident applicants. Non-residents should check the applicable TDS provisions and tax treatment for their income.

If TDS has been deducted and your actual tax liability is lower than the tax deducted, you may be able to claim a refund by filing your income-tax return, subject to the applicable filing and refund rules.

No. The calculator provides an estimate based on the details entered. Actual eligibility depends on the applicable financial year, income type, applicant category, residential status, aggregate specified income, and other statutory requirements. Verify the relevant rules before submitting a declaration.

To submit Form 15G, the tax on your estimated total income for the financial year must be nil, and the specified income covered by the declaration must satisfy the applicable statutory threshold. The threshold depends on the relevant financial year and applicable tax rules. Check your eligibility before submitting Form 15G.

Eligible taxpayers may submit the applicable declaration for fixed deposit interest if the income type, payer requirements, and statutory eligibility conditions are satisfied. The declaration does not automatically exempt the interest from income tax.

An eligible Hindu Undivided Family (HUF) may submit Form 15G if it satisfies the applicable statutory conditions. Form 15H, however, is intended for eligible resident senior-citizen individuals.

You generally need to submit the applicable declaration for each financial year in which you seek non-deduction of TDS. Check with your bank or payer for its submission process and timing requirements.

You generally need your financial year, age category, residential status, applicant type, estimated total income, specified income, other income, eligible deductions where applicable, and tax regime. Accurate information helps the calculator provide a more reliable estimate.