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The IRS now explicitly agrees that personal gains are reported on Form 8949 and personal losses from Form 1099-K are reported and backed out on Schedule 1. See https://www.irs.gov/businesses/understanding-your-form-1099-k (the section on personal income). The same applies to an incorrect Form 1099-K. The Form 1040 instructions have also been updated. See the instructions for Schedule 1, lines 8z and 24z. Briefly:

I have two business land lines. Believe it or not, we still send and receive fax messages. I HATE when a client texts me for an appointment. The biggest waste of time in the life of a business, as I have stated before. Pick up the phone and TALK! Even call my cell phone, but TALK!!!!