I'm sorry, but yes...you do have to report the income on your tax return. A copy of the 1099-MISC is sent to the IRS, so they'll be looking for it on your return.
To enter this 1099-MISC, use the instructions I'm linking below.
How do I enter a 1099-MISC for royalty income?
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***