Is it taxable if someone return me money?
The $10,000 is not taxable to either of you, but the $500 is taxable income to you - and a deductible business expense for your friend.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
Is it taxable if someone return me money?

### Response:
The $10,000 is not taxable to either of you, but the $500 is taxable income to you - and a deductible business expense for your friend.