The per - child amount was originally capped at $400 in 1998 (and $500 in 1999) by the Taxpayer Relief Act of 1997. The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) set a graduated increase of the cap from $600 beginning in 2001 to $1,000 in 2010, but then reverting to $500. The Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) increased the amount to $1,000 for 2003 and 2004. The Working Families Tax Relief Act of 2004 extended this amount through 2010. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 extended this $1,000 cap through the end of 2012. The American Taxpayer Relief Act of 2012 made the $1,000 cap permanent.
when was the additional child tax credit introduced
Taxpayer Relief Act of 1997