1099 Misc Box 1 Mineral Rights Owner Payment to Release Surface Rights

I received a one-time payment (shown in Box 1 "Rents" of 1099-MISC) to surrender/release the surface rights to a company for their use. I DO NOT own the land, just the mineral rights.

Under "Wages & Income", then "Other Common Income - From 1099-MISC" I entered the info from the 1099-MISC I received. So it just becomes ordinary income?

Does the "Add another rental or royalty" also need to be filled out?

It appears by adding this 1099-MISC it caused a tax of around 30% on the amount I received.

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