Yes, you can return to the form 1099-K form entry that created the Schedule 1, line 8z entries and change your choice to "Some items were sold at a loss or no gain." This will delete the Schedule 1 entries and move the 1099-K information to the "Investments" topic. You will find the transaction started there and you will need to now edit that transaction.
This is a longer route than simply noting the 1099-K proceeds represent personal items, each and every one sold at a loss, ending in zero taxable income and zero deductions with the Schedule 1, line 8z entries.
If each and every item was actually sold at a loss and sold on the same date, now in the "Investments" section, you can use 1 transaction with "Various" acquired times and one sale date. The transaction will show on Schedule D vice Schedule 1 as a personal loss with no deductions.
If there were items sold on different dates, you would use a different transaction for each sale date. These transactions show on Schedule D as personal loss zero deduction.
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