Received a check from an oil company to lease the mineral rights of family land.... only own the mineral rights....how do I deal with the 1099 Misc I received???

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Box 2 of Form 1099-MISC is reserved for tax reporting related to royalty payments.Part I of Schedule E (Form 1040){select royalty for this] Link to "investment"at the last screen of the 1099-misc section..

Box 1 of Form 1099-MISC is reserved for tax reporting related to rental payments.Part I of Schedule E (Form 1040)[select rental for this]  "select "Non business income from the rental of personal property or equipment.

Use a separate schedule  E for each type payment by selecting the correct link.