The bank put the wrong year on my IRA. I opened it April 12, 2018 for 2017 and they put 2018. I told them it was for 2017. What can I do?

[dmertz]

There is nothing you can do to correct this unless the bank is willing to treat it as a bookkeeping error based on documentation that you can provide to them substantiating that you asked them to treat it as a contribution for 2017.

Otherwise, assuming that this was a traditional IRA contribution you'll need to amend your 2017 tax return to remove the contribution reported on that tax return.  You'll then need to report it as a contribution for 2018.  If you've separately made another IRA contribution for 2018 and that puts you over the contribution limit when combined with the contribution you intended to be for 2017 but ended up being a contribution for 2018 instead, you'll need to obtain a return of contribution of the excess.

[dmertz]

I've revised my answer.  (I originally misread the question as being a contribution for 2019 intended for 2018.)

[bless]

Hi dmertz,

I have the same situation. What form should I fill? Thanks.

[CatinaT1]

To amend you would fill out a 1040X.  See this TurboTax FAQ for help with amending.