### Question
Can you define what qualified joint interest means?


### Answer
**Qualified joint interest** is defined as the following in *26 U.S.C. § 2040*:

> any interest in property held by the decedent and the decedent's spouse as—


(A) tenants by the entirety, or


(B) joint tenants with right of survivorship, but only if the decedent and the spouse of the decedent are the only joint tenants

#### Citation:
  - *26 U.S.C. § 2040*
  - Heading: **Subtitle B-Estate and Gift Taxes > CHAPTER 11-ESTATE TAX > Subchapter A-Estates of Citizens or Residents > PART III-GROSS ESTATE**

