We discuss an explicit formula for the structure of Bloch–Kato Selmer groups of the central critical twist of modular forms if the analytic rank is ≤ 1 or the Iwasawa main conjecture localized at the augmentation ideal holds. This formula reveals more refined arithmetic information than the p-part of the Tamagawa number conjecture for motives of modular forms and reduces the corresponding Beilinson–Bloch–Kato conjecture to a purely analytic statement. We do not impose any good ordinary or Fontaine–Laffaille assumption.