{"iri":"https://lexicon.financial/legal/tax/irs/Pub334/QualifiedJointVenture","label":"Qualified joint venture (QJV)","definition":"A joint election available to spouses who each materially participate as the only members of a jointly owned and operated unincorporated business and file a joint return. Electing QJV treatment lets the spouses avoid filing a partnership return (Form 1065) while still giving each spouse credit for social security earnings.","license":"https://www.usa.gov/government-copyright","source":"irs","source_url":"https://www.irs.gov/publications/p334"}