You didn't really answer the question. Turbo Tax is treating the prize from the 1099 misc separately from gambling. For example, If I have a 1099 Misc for a prize of $1000 and I have W2-G's totaling 10,000. Shouldn't I be able to deduct $11,000 for losses if I have that and more and I am itemizing deductions? TurboTax only allows me to deduct the $10,000 and not the $11,000 that includes the prize of $1,000. Is there a place that I can deduct the prize winning of $1,000 from the 1099 Misc if I have gambling losses much greater? In my state taxes, it allows me to deduct both.
