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I understand that I can gift $10,000 per year to anybody I choose without incurring me or the recipient incurring taxes.

Question: can I gift, say, $15,000 in stock and -$5000 in cash (negative cash amount)without me or the recipient incurring taxes?

***You, as an individual, may not gift more than $10,000 to any one individual, in any one year, without having to file a gift tax return. This includes birthday presents, and other gifts, given
in the course of the year. Having said that, the recipient of gifts is not taxed. The donor may be
eventually taxed, depending on lifetime giving, and the size of the donor's estate. The current exclusion is $650,000 (1999). When it comes to gifting stock, generally:), your basis is passed on to the person to whom you make the gift. If the stock was worth $15,000 and your basis was only $10,000, the amount of that gift would be $10,000.

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