Yes, you need to include the income from Form 1099-K since this is also reported to the IRS.
Enter this income in TurboTax under Wages & Income >> 1099-MISC and Other Common Income >> Income from Form 1099-K. Answer questions as they apply to your situation and enter the information from Form 1099-K. TurboTax will determine where to report this activity on your tax return.
You may be asked other questions later regarding expenses related to this income.
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