diff --git a/packages/pyright-internal/src/parser/tokenizer.ts b/packages/pyright-internal/src/parser/tokenizer.ts
index b09f36f2a..e8775c6e4 100644
--- a/packages/pyright-internal/src/parser/tokenizer.ts
+++ b/packages/pyright-internal/src/parser/tokenizer.ts
@@ -1564,17 +1564,17 @@ export class Tokenizer {
                 ) {
                     isInNamedUnicodeEscape = true;
                 } else {
-                    // If this is an f-string, the only escape that is allowed is for
-                    // a single or double quote symbol.
-                    if (
-                        !isFString ||
+                    // If this is an f-string, the only escapes that are allowed is for
+                    // a single or double quote symbol or a newline/carriage return.
+                    const isEscapedQuote =
                         this._cs.getCurrentChar() === Char.SingleQuote ||
-                        this._cs.getCurrentChar() === Char.DoubleQuote
-                    ) {
-                        if (
-                            this._cs.getCurrentChar() === Char.CarriageReturn ||
-                            this._cs.getCurrentChar() === Char.LineFeed
-                        ) {
+                        this._cs.getCurrentChar() === Char.DoubleQuote;
+                    const isEscapedNewLine =
+                        this._cs.getCurrentChar() === Char.CarriageReturn ||
+                        this._cs.getCurrentChar() === Char.LineFeed;
+
+                    if (!isFString || isEscapedQuote || isEscapedNewLine) {
+                        if (isEscapedNewLine) {
                             if (
                                 this._cs.getCurrentChar() === Char.CarriageReturn &&
                                 this._cs.nextChar === Char.LineFeed
diff --git a/packages/pyright-internal/src/tests/samples/fstring1.py b/packages/pyright-internal/src/tests/samples/fstring1.py
index 275b632ec..96065e22a 100644
--- a/packages/pyright-internal/src/tests/samples/fstring1.py
+++ b/packages/pyright-internal/src/tests/samples/fstring1.py
@@ -140,3 +140,9 @@ u1 = f"'{{\"{0}\": {0}}}'"
 
 def func1(x):
     f"x:{yield (lambda i: x * i)}"
+
+v1 = f"x \
+y"
+
+v2 = f'x \
+y'
diff --git a/packages/pyright-internal/src/tests/tokenizer.test.ts b/packages/pyright-internal/src/tests/tokenizer.test.ts
index ec4e5a58a..17208894f 100644
--- a/packages/pyright-internal/src/tests/tokenizer.test.ts
+++ b/packages/pyright-internal/src/tests/tokenizer.test.ts
@@ -652,6 +652,16 @@ test('Strings: f-string with single right brace', () => {
     assert.equal(fStringEndToken.length, 1);
 });
 
+test('Strings: f-string with new line escape', () => {
+    const t = new Tokenizer();
+    const results = t.tokenize(`f'x \\\ny'`);
+    assert.equal(results.tokens.count, 3 + _implicitTokenCount);
+
+    assert.equal(results.tokens.getItemAt(0).type, TokenType.FStringStart);
+    assert.equal(results.tokens.getItemAt(1).type, TokenType.FStringMiddle);
+    assert.equal(results.tokens.getItemAt(2).type, TokenType.FStringEnd);
+});
+
 test('Strings: f-string with escape in expression', () => {
     const t = new Tokenizer();
     const results = t.tokenize(`f'hello { "\\t" }'`);