In which of the following situations may spouses Members of the joint venture agree to file a joint Both spouses elect not to be treated as a partn The business has been set up as a limited liab At least one of the spouses materially particip Mark for follow up Question 1 of 35. In which of the following situations may spouses elect Qualified Joint Venture status? Members of the joint venture agree to file a joint return but are not legally married. Both spouses elect not to be treated as a partnership. The business has been set up as a limited liability company (LLC). At least one of the spouses materially participates in the business