Yes. You need to enter this in the investment income section, because there was a gain. TurboTax will automatically create a placeholder in investment income.
- After completing the 1099-K entry, next navigate to Federal > Wages & Income > Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto) > Add/Edit
- Select eBay
- Under proceeds, you will enter the proceeds from the 1099-K
- You will enter the total amount paid.
- Continue on and you will be asked if you paid "sales expenses that aren't included in the sale proceeds reported on the form", here you can report fees, if any
