[[I understand that I can gift $10,000 per year to anybody I choose without incurring me or the recipient incurring taxes. ]]Basically correct. But you can read much more about gift tax issues in the Taxes FAQ area. I would suggest that you check it out.[[ Question: can I gift, say, $15,000 in stock and -$5000 in cash (negative cash amount)without me or the recipient incurring taxes?]]How do you give "negative" cash????? You would have to be a magician. There is no such thing as giving a gift of "netagive" cash. So you'll have to explain how this "negative" cash issue comes about before I can answer the question. Are you talking about a debt against the stock (such as a mortgage balance)?? If that's the case, please say so and/or provide an example.TMF TaxesRoyWant to learn more about taxes and investing? Then we have a deal for you!! The Motley Fool Investment Tax Guide is now available through Fool Mart. Be the first one on your block to own this masterpiece. It'll help you with your 1998 taxes, and it's never to early to start planning for your 1999 taxes. So just click on this link (http://www.foolmart.com/market/product.asp?pfid=MF+013+I) to read more about this amazing collection of tax information. (Apologies for the shameless plug…but it is a pretty good book…if I do say so myself). In addition, if you would like to visit the Taxes FAQ (Frequently Asked Questions) area, click on http://www.fool.com/school/taxes/taxes.htm and you'll be right at the home page. Check it out. Finally, if you need to get to the IRS web site, click on http://www.irs.ustreas.gov to go directly there.