Treatment of the iridium(I) complex trans‐[Ir(4‐C5F4N)(CNtBu)(PiPr3)2] (2) with O2 or H2O2 gave the iridium(III) peroxido complex trans‐[Ir(4‐C5F4N)(O2)(CNtBu)(PiPr3)2] (3a). The peroxido complex 3a reacts with Brønsted acids to give the iridium(III) complexes cis‐[Ir(4‐C5F4N)(X)2(CNtBu)(L)(PiPr3)] (4: X = Cl, L = PiPr3, 5: X = CF3COO, L = H2O) and hydrogen peroxide. In the presence of formic acid, 3a yields the carbonato complex trans‐[Ir{κ2‐OC(O)O}(4‐C5F4N)(CNtBu)(PiPr3)2] (6) as the main product. Reactions between formic acid or dihydrogen and the iridium(I) complex 2 give the isomeric dihydrido complexes trans,trans‐[Ir(4‐C5F4N)(H)2(CNtBu)(PiPr3)2] (7a) and cis,trans‐[Ir(4‐C5F4N)(H)2(CNtBu)(PiPr3)2] (9a), respectively.