diff --git a/fs/btrfs/ctree.h b/fs/btrfs/ctree.h
index 9d7a6c38f0b1..8ee5645ef9e1 100644
--- a/fs/btrfs/ctree.h
+++ b/fs/btrfs/ctree.h
@@ -3458,6 +3458,7 @@ int btrfs_check_data_free_space(struct inode *inode, u64 bytes, u64 write_bytes)
 void btrfs_free_reserved_data_space(struct inode *inode, u64 bytes);
 void btrfs_trans_release_metadata(struct btrfs_trans_handle *trans,
 				struct btrfs_root *root);
+void btrfs_trans_release_chunk_metadata(struct btrfs_trans_handle *trans);
 int btrfs_orphan_reserve_metadata(struct btrfs_trans_handle *trans,
 				  struct inode *inode);
 void btrfs_orphan_release_metadata(struct inode *inode);
diff --git a/fs/btrfs/extent-tree.c b/fs/btrfs/extent-tree.c
index 1cbc71d8cb96..4e08e47ace30 100644
--- a/fs/btrfs/extent-tree.c
+++ b/fs/btrfs/extent-tree.c
@@ -4116,11 +4116,19 @@ static void check_system_chunk(struct btrfs_trans_handle *trans,
 	struct btrfs_space_info *info;
 	u64 left;
 	u64 thresh;
+	int ret = 0;
+
+	/*
+	 * Needed because we can end up allocating a system chunk and for an
+	 * atomic and race free space reservation in the chunk block reserve.
+	 */
+	ASSERT(mutex_is_locked(&root->fs_info->chunk_mutex));
 
 	info = __find_space_info(root->fs_info, BTRFS_BLOCK_GROUP_SYSTEM);
 	spin_lock(&info->lock);
 	left = info->total_bytes - info->bytes_used - info->bytes_pinned -
-		info->bytes_reserved - info->bytes_readonly;
+		info->bytes_reserved - info->bytes_readonly -
+		info->bytes_may_use;
 	spin_unlock(&info->lock);
 
 	thresh = get_system_chunk_thresh(root, type);
@@ -4134,7 +4142,21 @@ static void check_system_chunk(struct btrfs_trans_handle *trans,
 		u64 flags;
 
 		flags = btrfs_get_alloc_profile(root->fs_info->chunk_root, 0);
-		btrfs_alloc_chunk(trans, root, flags);
+		/*
+		 * Ignore failure to create system chunk. We might end up not
+		 * needing it, as we might not need to COW all nodes/leafs from
+		 * the paths we visit in the chunk tree (they were already COWed
+		 * or created in the current transaction for example).
+		 */
+		ret = btrfs_alloc_chunk(trans, root, flags);
+	}
+
+	if (!ret) {
+		ret = btrfs_block_rsv_add(root->fs_info->chunk_root,
+					  &root->fs_info->chunk_block_rsv,
+					  thresh, BTRFS_RESERVE_NO_FLUSH);
+		if (!ret)
+			trans->chunk_bytes_reserved += thresh;
 	}
 }
 
@@ -5192,6 +5214,24 @@ void btrfs_trans_release_metadata(struct btrfs_trans_handle *trans,
 	trans->bytes_reserved = 0;
 }
 
+/*
+ * To be called after all the new block groups attached to the transaction
+ * handle have been created (btrfs_create_pending_block_groups()).
+ */
+void btrfs_trans_release_chunk_metadata(struct btrfs_trans_handle *trans)
+{
+	struct btrfs_fs_info *fs_info = trans->root->fs_info;
+
+	if (!trans->chunk_bytes_reserved)
+		return;
+
+	WARN_ON_ONCE(!list_empty(&trans->new_bgs));
+
+	block_rsv_release_bytes(fs_info, &fs_info->chunk_block_rsv, NULL,
+				trans->chunk_bytes_reserved);
+	trans->chunk_bytes_reserved = 0;
+}
+
 /* Can only return 0 or -ENOSPC */
 int btrfs_orphan_reserve_metadata(struct btrfs_trans_handle *trans,
 				  struct inode *inode)
diff --git a/fs/btrfs/transaction.c b/fs/btrfs/transaction.c
index 5628e25250c0..03a3ec7e31ea 100644
--- a/fs/btrfs/transaction.c
+++ b/fs/btrfs/transaction.c
@@ -509,6 +509,7 @@ again:
 	h->transaction = cur_trans;
 	h->blocks_used = 0;
 	h->bytes_reserved = 0;
+	h->chunk_bytes_reserved = 0;
 	h->root = root;
 	h->delayed_ref_updates = 0;
 	h->use_count = 1;
@@ -792,6 +793,8 @@ static int __btrfs_end_transaction(struct btrfs_trans_handle *trans,
 	if (!list_empty(&trans->new_bgs))
 		btrfs_create_pending_block_groups(trans, root);
 
+	btrfs_trans_release_chunk_metadata(trans);
+
 	if (lock && !atomic_read(&root->fs_info->open_ioctl_trans) &&
 	    should_end_transaction(trans, root) &&
 	    ACCESS_ONCE(cur_trans->state) == TRANS_STATE_RUNNING) {
@@ -2054,6 +2057,8 @@ int btrfs_commit_transaction(struct btrfs_trans_handle *trans,
 	clear_bit(BTRFS_INODE_BTREE_LOG1_ERR, &btree_ino->runtime_flags);
 	clear_bit(BTRFS_INODE_BTREE_LOG2_ERR, &btree_ino->runtime_flags);
 
+	btrfs_trans_release_chunk_metadata(trans);
+
 	spin_lock(&root->fs_info->trans_lock);
 	cur_trans->state = TRANS_STATE_UNBLOCKED;
 	root->fs_info->running_transaction = NULL;
@@ -2123,6 +2128,7 @@ scrub_continue:
 	btrfs_scrub_continue(root);
 cleanup_transaction:
 	btrfs_trans_release_metadata(trans, root);
+	btrfs_trans_release_chunk_metadata(trans);
 	trans->block_rsv = NULL;
 	if (trans->qgroup_reserved) {
 		btrfs_qgroup_free(root, trans->qgroup_reserved);
diff --git a/fs/btrfs/transaction.h b/fs/btrfs/transaction.h
index 0b24755596ba..036fa83d6ccb 100644
--- a/fs/btrfs/transaction.h
+++ b/fs/btrfs/transaction.h
@@ -102,6 +102,7 @@ struct btrfs_transaction {
 struct btrfs_trans_handle {
 	u64 transid;
 	u64 bytes_reserved;
+	u64 chunk_bytes_reserved;
 	u64 qgroup_reserved;
 	unsigned long use_count;
 	unsigned long blocks_reserved;