You can report the 1099-K amount as "Other Reportable Income" (see steps below). In the case of casual (non-business) sales of personal property on eBay or through PayPal, these payments are properly reported as Miscellaneous Income and will not be subject to self-employment taxes.
There isn't a separate entry for your 1099-K info in TurboTax. That's because your 1099-K income should already be included in other income, such as your self-employment or rental income (or pass-through entity).
To enter the 1099-K amounts:
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Go to Less Common Income, Miscellaneous Income and Other reportable income. Enter "Lawsuit settlement" in the Search Box and Select "Jump to lawsuit settlement" "to get to this screen (this is just a search term that will get you to the right interview)
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Continue to the screen "Other Taxable Income". Enter the description as "Casual Sales" and the amount reported on the 1099-K
The amount will be entered on line 8 of Form 1040
