diff --git a/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/KotlinCommonBlock.kt b/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/KotlinCommonBlock.kt
index 2f7d51e93b3..3bb0174edde 100644
--- a/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/KotlinCommonBlock.kt
+++ b/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/KotlinCommonBlock.kt
@@ -702,7 +702,7 @@ private val INDENT_RULES = arrayOf<NodeIndentStrategy>(
 
 private fun getOperationType(node: ASTNode): IElementType? = node.findChildByType(KtNodeTypes.OPERATION_REFERENCE)?.firstChildNode?.elementType
 
-private fun hasErrorElementBefore(node: ASTNode): Boolean {
+fun hasErrorElementBefore(node: ASTNode): Boolean {
     val prevSibling = getPrevWithoutWhitespace(node) ?: return false
     if (prevSibling.elementType == TokenType.ERROR_ELEMENT) return true
     val lastChild = TreeUtil.getLastChild(prevSibling)
diff --git a/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/kotlinSpacingRules.kt b/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/kotlinSpacingRules.kt
index c27c3246d72..81f4d7f006c 100644
--- a/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/kotlinSpacingRules.kt
+++ b/idea/formatter/src/org/jetbrains/kotlin/idea/formatter/kotlinSpacingRules.kt
@@ -28,6 +28,7 @@ import com.intellij.psi.PsiWhiteSpace
 import com.intellij.psi.codeStyle.CodeStyleSettings
 import com.intellij.psi.tree.IElementType
 import com.intellij.psi.tree.TokenSet
+import com.intellij.util.text.TextRangeUtil
 import org.jetbrains.kotlin.KtNodeTypes.*
 import org.jetbrains.kotlin.idea.formatter.KotlinSpacingBuilder.CustomSpacingBuilder
 import org.jetbrains.kotlin.lexer.KtTokens
@@ -162,7 +163,7 @@ fun createSpacingBuilder(settings: CodeStyleSettings, builderUtil: KotlinSpacing
             inPosition(parent = VALUE_ARGUMENT_LIST, left = LPAR).customRule { parent, _, _ ->
                 if (kotlinCommonSettings.CALL_PARAMETERS_LPAREN_ON_NEXT_LINE && needWrapArgumentList(parent.node.psi)) {
                     Spacing.createDependentLFSpacing(0, 0,
-                                                     parent.textRange,
+                                                     excludeLambdasAndObjects(parent),
                                                      commonCodeStyleSettings.KEEP_LINE_BREAKS,
                                                      commonCodeStyleSettings.KEEP_BLANK_LINES_IN_CODE)
                 }
@@ -170,6 +171,20 @@ fun createSpacingBuilder(settings: CodeStyleSettings, builderUtil: KotlinSpacing
                     createSpacing(0)
                 }
             }
+
+            inPosition(parent = VALUE_ARGUMENT_LIST, right = RPAR).customRule { parent, left, _ ->
+                if (kotlinCommonSettings.CALL_PARAMETERS_RPAREN_ON_NEXT_LINE) {
+                    Spacing.createDependentLFSpacing(0, 0,
+                                                     excludeLambdasAndObjects(parent),
+                                                     commonCodeStyleSettings.KEEP_LINE_BREAKS,
+                                                     commonCodeStyleSettings.KEEP_BLANK_LINES_IN_CODE)
+                } else if (left.node.elementType == KtTokens.COMMA) {
+                    // incomplete call being edited
+                    createSpacing(1)
+                } else {
+                    createSpacing(0)
+                }
+            }
         }
 
         simple {
@@ -288,7 +303,6 @@ fun createSpacingBuilder(settings: CodeStyleSettings, builderUtil: KotlinSpacing
             beforeInside(RPAR, VALUE_PARAMETER_LIST).spaces(0, kotlinCommonSettings.METHOD_PARAMETERS_RPAREN_ON_NEXT_LINE)
             afterInside(LT, TYPE_PARAMETER_LIST).spaces(0)
             beforeInside(GT, TYPE_PARAMETER_LIST).spaces(0)
-            beforeInside(RPAR, VALUE_ARGUMENT_LIST).spaces(0, kotlinCommonSettings.CALL_PARAMETERS_RPAREN_ON_NEXT_LINE)
             afterInside(LT, TYPE_ARGUMENT_LIST).spaces(0)
             beforeInside(GT, TYPE_ARGUMENT_LIST).spaces(0)
             before(TYPE_ARGUMENT_LIST).spaces(0)
@@ -550,4 +564,20 @@ fun createSpacingBuilder(settings: CodeStyleSettings, builderUtil: KotlinSpacing
             after(EOL_COMMENT).lineBreakInCode()
         }
     }
-}
\ No newline at end of file
+}
+
+private fun excludeLambdasAndObjects(parent: ASTBlock): List<TextRange> {
+    val rangesToExclude = mutableListOf<TextRange>()
+    parent.node.psi.accept(object : KtTreeVisitorVoid() {
+        override fun visitLambdaExpression(lambdaExpression: KtLambdaExpression) {
+            super.visitLambdaExpression(lambdaExpression)
+            rangesToExclude.add(lambdaExpression.textRange)
+        }
+
+        override fun visitObjectLiteralExpression(expression: KtObjectLiteralExpression) {
+            super.visitObjectLiteralExpression(expression)
+            rangesToExclude.add(expression.textRange)
+        }
+    })
+    return TextRangeUtil.excludeRanges(parent.textRange, rangesToExclude).toList()
+}
diff --git a/idea/testData/formatter/parameterList/KT19727.after.kt b/idea/testData/formatter/parameterList/KT19727.after.kt
new file mode 100644
index 00000000000..117465d83c9
--- /dev/null
+++ b/idea/testData/formatter/parameterList/KT19727.after.kt
@@ -0,0 +1,20 @@
+fun useCallable(tag: String, callable: Callable<*>) {
+
+}
+
+fun main(args: Array<String>) {
+    useCallable("A", Callable { println("Hello world") })
+
+    useCallable("B", Callable {
+        println("Hello world")
+    })
+
+    useCallable("C", object : Callable<Unit> {
+        override fun call() {
+            println("Hello world")
+        }
+    })
+}
+
+// SET_TRUE: CALL_PARAMETERS_LPAREN_ON_NEXT_LINE
+// SET_TRUE: CALL_PARAMETERS_RPAREN_ON_NEXT_LINE
diff --git a/idea/testData/formatter/parameterList/KT19727.kt b/idea/testData/formatter/parameterList/KT19727.kt
new file mode 100644
index 00000000000..117465d83c9
--- /dev/null
+++ b/idea/testData/formatter/parameterList/KT19727.kt
@@ -0,0 +1,20 @@
+fun useCallable(tag: String, callable: Callable<*>) {
+
+}
+
+fun main(args: Array<String>) {
+    useCallable("A", Callable { println("Hello world") })
+
+    useCallable("B", Callable {
+        println("Hello world")
+    })
+
+    useCallable("C", object : Callable<Unit> {
+        override fun call() {
+            println("Hello world")
+        }
+    })
+}
+
+// SET_TRUE: CALL_PARAMETERS_LPAREN_ON_NEXT_LINE
+// SET_TRUE: CALL_PARAMETERS_RPAREN_ON_NEXT_LINE
diff --git a/idea/tests/org/jetbrains/kotlin/formatter/FormatterTestGenerated.java b/idea/tests/org/jetbrains/kotlin/formatter/FormatterTestGenerated.java
index 5fdf91c9534..e5bd0a3e77c 100644
--- a/idea/tests/org/jetbrains/kotlin/formatter/FormatterTestGenerated.java
+++ b/idea/tests/org/jetbrains/kotlin/formatter/FormatterTestGenerated.java
@@ -1138,6 +1138,12 @@ public class FormatterTestGenerated extends AbstractFormatterTest {
                 doTest(fileName);
             }
 
+            @TestMetadata("KT19727.after.kt")
+            public void testKT19727() throws Exception {
+                String fileName = KotlinTestUtils.navigationMetadata("idea/testData/formatter/parameterList/KT19727.after.kt");
+                doTest(fileName);
+            }
+
             @TestMetadata("ParameterListChopAsNeeded.after.kt")
             public void testParameterListChopAsNeeded() throws Exception {
                 String fileName = KotlinTestUtils.navigationMetadata("idea/testData/formatter/parameterList/ParameterListChopAsNeeded.after.kt");