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title: "What about tax for joint accounts?"
description: "As joint owners, income earned in the account will require each account holder to submit their proportion of income for tax purposes. Blossom does not give tax advice. Individual circumstances can be complex. We recommend consulting a tax professional for specific advice."
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# What about tax for joint accounts?

As joint owners, income earned in the account will require each account holder to submit their proportion of income for tax purposes. Blossom does not give tax advice. Individual circumstances can be complex.  We recommend consulting a tax professional for specific advice. 
Each year, we’ll provide an Attribution Managed Investment Trust Member Annual (AMMA) tax statement to assist with your tax return. This statement includes details of your earnings with Blossom.
Additionally, withdrawing funds may have tax implications, depending on your individual circumstances. For more information, please refer to the "What about tax" section in the PDSs.