Based on what you described, you invested money (ostensibly without entering into a partnership) and then received a return of your investment plus income from your investment of $30,000. That is presumably the income reported to you on the 1099.
More information may help better answer your question. For example, what was the written agreement for the investment, and how was the income reported on the 1099 (which form and box)?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
