You can only deduct losses up to your winnings IF YOU ITEMIZE as opposed to taking the standard deduction. Normally, gambling winning are reported on a W2-G. Winning and losses are reported in the same place in TurboTax.
Go to Less Common Income, then Prizes, Awards, and Gambling winnings. Select I didn't receive a w-2G. Enter the amount from Box 3 of your 1099-misc, and on the next screen you will be able to enter your losses. You will need to keep clear records of your winnings and losses, especially since your gambling winnings were reported on the wrong form.
Gambling Winnings. Losses, and Taxes
Keeping track of your winnings and losses
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