diff --git a/fs/iomap.c b/fs/iomap.c
index 2e3e64012db7..fac45206418a 100644
--- a/fs/iomap.c
+++ b/fs/iomap.c
@@ -1787,6 +1787,7 @@ iomap_dio_rw(struct kiocb *iocb, struct iov_iter *iter,
 	loff_t pos = iocb->ki_pos, start = pos;
 	loff_t end = iocb->ki_pos + count - 1, ret = 0;
 	unsigned int flags = IOMAP_DIRECT;
+	bool wait_for_completion = is_sync_kiocb(iocb);
 	struct blk_plug plug;
 	struct iomap_dio *dio;
 
@@ -1806,7 +1807,6 @@ iomap_dio_rw(struct kiocb *iocb, struct iov_iter *iter,
 	dio->end_io = end_io;
 	dio->error = 0;
 	dio->flags = 0;
-	dio->wait_for_completion = is_sync_kiocb(iocb);
 
 	dio->submit.iter = iter;
 	dio->submit.waiter = current;
@@ -1861,7 +1861,7 @@ iomap_dio_rw(struct kiocb *iocb, struct iov_iter *iter,
 		dio_warn_stale_pagecache(iocb->ki_filp);
 	ret = 0;
 
-	if (iov_iter_rw(iter) == WRITE && !dio->wait_for_completion &&
+	if (iov_iter_rw(iter) == WRITE && !wait_for_completion &&
 	    !inode->i_sb->s_dio_done_wq) {
 		ret = sb_init_dio_done_wq(inode->i_sb);
 		if (ret < 0)
@@ -1877,7 +1877,7 @@ iomap_dio_rw(struct kiocb *iocb, struct iov_iter *iter,
 		if (ret <= 0) {
 			/* magic error code to fall back to buffered I/O */
 			if (ret == -ENOTBLK) {
-				dio->wait_for_completion = true;
+				wait_for_completion = true;
 				ret = 0;
 			}
 			break;
@@ -1899,8 +1899,24 @@ iomap_dio_rw(struct kiocb *iocb, struct iov_iter *iter,
 	if (dio->flags & IOMAP_DIO_WRITE_FUA)
 		dio->flags &= ~IOMAP_DIO_NEED_SYNC;
 
+	/*
+	 * We are about to drop our additional submission reference, which
+	 * might be the last reference to the dio.  There are three three
+	 * different ways we can progress here:
+	 *
+	 *  (a) If this is the last reference we will always complete and free
+	 *	the dio ourselves.
+	 *  (b) If this is not the last reference, and we serve an asynchronous
+	 *	iocb, we must never touch the dio after the decrement, the
+	 *	I/O completion handler will complete and free it.
+	 *  (c) If this is not the last reference, but we serve a synchronous
+	 *	iocb, the I/O completion handler will wake us up on the drop
+	 *	of the final reference, and we will complete and free it here
+	 *	after we got woken by the I/O completion handler.
+	 */
+	dio->wait_for_completion = wait_for_completion;
 	if (!atomic_dec_and_test(&dio->ref)) {
-		if (!dio->wait_for_completion)
+		if (!wait_for_completion)
 			return -EIOCBQUEUED;
 
 		for (;;) {
@@ -1917,9 +1933,7 @@ iomap_dio_rw(struct kiocb *iocb, struct iov_iter *iter,
 		__set_current_state(TASK_RUNNING);
 	}
 
-	ret = iomap_dio_complete(dio);
-
-	return ret;
+	return iomap_dio_complete(dio);
 
 out_free_dio:
 	kfree(dio);