Yes, you are in the right area.
You enter the 1099-K and select "Personal Items"
Personal items cannot give you a reportable loss, only a possible gain.
After entering the 1099-K, go to the top Investment Income option "Stocks, Mutual Funds, Other"
There should be a line with the 1099-K listed, click edit
Click Edit once again for the Ebay 1099-K
You may enter one sale at a time, but if you owned all the items for more than one year, it would be easier to enter a summary and "build in " the gain.
For example if you sold $100 worth of items and lost 20 but made 10, you could enter 100 as proceeds and 90 as the basis. Remember that for personal sales, you cant claim the loss. In this example, you'll have $10 income (because of the gain)
If you think it would be easier, you can enter the sales separately.
If you enter a summary, and these are "garage sale" type items, you do not need to choose a Sales category.
(if you have a gain, long-term / short-term will matter. Short-term is one year or less)
The main concern is to signal to the IRS that this 1099-K was received for ebay sales and not Self-Employment income or major transactions
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