From the root of your hugo project:
mkdir layouts/_default
cp themes/PaperMod/layouts/_default/list.html layouts/_default/
Then edit line 13 of layouts/_default/list.html. Change:
{{ .Description }}
to:
{{ .Description | .Page.RenderString }}
And content/tags/story-seed/_index.md should look something like:
---
title: "Story Seed"
date: 2021-02-23T10:10:49-08:00
draft: false
description: This is [a link to Hugo](https://gohugo.io/).
---