As a beneficiary, I received a 1099-MISC from my father's job. He passed away and his job paid out his vacation/leave pay, etc. to me. I entered this as "Other Income" in Turbo Tax. Turbo tax shows that I will owe taxes on this money. Is this correct? Are these benefits taxable? Per the statement I received, it looks like they only took out 1.45% Medicare taxes from it.
