Yes, you may report income from Forms 1099-MISC under whatever topic is appropriate. We recommend skipping the 1099-MISC topic entirely in situations like yours. Go directly to the business (Sch C) or royalty property (Sch E) and enter the income there.
As long as you report at least as much income as was reported to you on Form 1099-MISC, you have satisfied the IRS reporting requirements. Be sure to keep your calculations for the income you report in case there are questions in the future.
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