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The 20% tax deduction that small business owners can take thanks to the Tax Cuts and Jobs Act is popular with small business owners, reports CNBC. Over 14 million filers claimed that tax during the 2018 tax season. 

The tax overhaul unveiled a new 20% tax deduction for small business owners in 2018 — and just over 1 in 10 filers so far have claimed it.

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