How to Report Your Independent Reserve Taxes in 2026
Calculate your Independent Reserve taxes automatically and download ready-to-file tax reports in minutes with no manual work required.
API Import
CSV File Upload
What is Independent Reserve?
Independent Reserve is a centralized cryptocurrency exchange where users can buy, sell, and trade crypto against fiat currencies such as AUD, NZD, SGD, and USD. It supports everyday trading features like limit orders and dollar-cost averaging, along with OTC services for larger orders and account options commonly used by SMSFs. For tax reporting, Independent Reserve users may need a clear record of trades, deposits, withdrawals, and transfers; this guide explains how to handle those transactions with Coinpanda.
How to do your Independent Reserve taxes
You can easily report your Independent Reserve taxes by connecting your Independent Reserve account to Coinpanda using the API or by uploading a CSV file. Coinpanda automatically imports your transactions, calculates your capital gains and income, and generates ready-to-file tax reports for Independent Reserve.
Supported transactions
Coinpanda supports the most common transaction types from Independent Reserve. See the full overview below to confirm which transactions are supported before you connect your account.
Tx Type
API import
CSV file upload
Deposits
Withdrawals
Trades
How to connect Independent Reserve with API
We are only requesting view permissions. This does not give us access to your private keys or the ability to move your funds.
Follow these steps to add your Independent Reserve account to Coinpanda with API:
Give the keys a description (ex: Coinpanda) and leave the IP address field empty
Click ‘Save’
Copy the API key and API secret to Coinpanda
How to connect Independent Reserve with CSV
Follow these steps to export your transactions from Independent Reserve:
Hover over ‘TAX AND REPORTS’ and select ‘Reports’
Select ‘Transaction History Report’
Select a date range covering your entire transaction history
Select CSV format and click ‘Download’
Upload the CSV file to Coinpanda
Does Independent Reserve provide tax documents?
Typically, exchanges don't provide finalized tax documents for their customers, and Independent Reserve is no exception. It's hard for an exchange to build tax logic that serves customers across many jurisdictions. Hence, it's more practical for a customer to use a tax platform like Coinpanda.
How are Independent Reserve transactions taxed?
The exact tax implications on Independent Reserve transactions depend on which country you live in and the type of transactions you have made. In general, you must pay either capital gains tax or income tax on your cryptocurrency transactions on Independent Reserve.
Capital gains tax: Whenever you sell a cryptocurrency for more than you purchased it for, you generate a capital gain. On the other hand, if you sell the cryptocurrency for less than you paid initially, you have a capital loss, which can, in most cases, offset other gains.
Income tax: Earned cryptocurrency on Independent Reserve, such as staking, interest, bonuses, and referral rewards, is typically treated as taxable income and must be reported on your tax return.
To learn more about how Independent Reserve transactions are taxed in your country, we recommend reading our in-depth guides to cryptocurrency taxes.
How to file your Independent Reserve taxes
First, you must calculate capital gains and income from all taxable transactions on Independent Reserve. When you have this information ready, you can report capital gains and income together with other forms of income, such as employment and dividends, in your annual tax return.
To calculate your capital gains, you must first export a complete history of all transactions made on Independent Reserve. Once you have this data, you can calculate your capital gains or losses by determining the price at which you bought the cryptocurrency (your cost basis) and the price at which you sold it (your proceeds). Luckily, Coinpanda can help you with this and generate ready-to-file tax forms quickly and easily.
After downloading your Independent Reserve tax statements from Coinpanda, the last step is to report the capital gains and income on your tax return before the deadline. Most countries allow you to self-declare taxes online in 2026, but you can also get help from a professional tax accountant to file taxes for you.
Calculate your Independent Reserve taxes
Sign up for free today to calculate your Independent Reserve taxes
How do I troubleshoot the imported Independent Reserve transactions to Coinpanda?
While we strive every day to ensure the highest possible accuracy when importing transactions from Independent Reserve to Coinpanda, it may happen that not all transactions are imported or that some data is imported incorrectly. Some reasons for this can be:
Changes in the Independent Reserve API
Updated CSV file format
Independent Reserve does not provide a complete record of all transactions
To get the best help from Coinpanda support, you must first identify which transactions are missing or incorrectly imported. To do this, we recommend comparing your transaction history on Independent Reserve with the transactions imported into your Coinpanda account. See also our help article with an overview of known exchange API limitations.
The quickest way to get help from our dedicated support team is to send a message in the Live Chat.
Independent Reserve cannot calculate your taxes since it does not have knowledge of your transactions made on other exchanges or platforms. However, if you have only interacted with crypto on Independent Reserve your entire life, it could technically do so.
How do I get Independent Reserve tax documents?
The easiest way to get tax documents and reports is to connect your Independent Reserve account with Coinpanda, which will automatically import your transactions. After that, you can download complete tax reports for Independent Reserve.
Does Independent Reserve provide financial or end-of-year statements?
No, Independent Reserve does not provide a complete financial or end-of-year statement for your crypto transactions. However, you can get this using a crypto tax calculator.
Do I have to pay taxes on Independent Reserve?
Yes, all transactions on Independent Reserve involving the disposal of a crypto asset are, in most cases, taxable. You must also pay income tax on earned crypto, such as staking, interest, or referral rewards.
Is transferring to Independent Reserve taxable?
No, transferring cryptocurrency to Independent Reserve is not taxed as long as you transfer between your personal wallets or exchange accounts.
How do I avoid paying taxes on Independent Reserve?
It is impossible to avoid paying taxes completely on Independent Reserve legally if you live in a country that taxes cryptocurrency. However, there are several ways to reduce your taxes, such as tax-loss harvesting.
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