diff --git a/compiler/backend/src/org/jetbrains/kotlin/codegen/FunctionCodegen.java b/compiler/backend/src/org/jetbrains/kotlin/codegen/FunctionCodegen.java
index 6bf97bdfbfd..a4cd0f20562 100644
--- a/compiler/backend/src/org/jetbrains/kotlin/codegen/FunctionCodegen.java
+++ b/compiler/backend/src/org/jetbrains/kotlin/codegen/FunctionCodegen.java
@@ -50,6 +50,7 @@ import org.jetbrains.kotlin.psi.KtParameter;
 import org.jetbrains.kotlin.resolve.BindingContext;
 import org.jetbrains.kotlin.resolve.DescriptorToSourceUtils;
 import org.jetbrains.kotlin.resolve.DescriptorUtils;
+import org.jetbrains.kotlin.resolve.annotations.AnnotationUtilKt;
 import org.jetbrains.kotlin.resolve.calls.util.UnderscoreUtilKt;
 import org.jetbrains.kotlin.resolve.constants.ArrayValue;
 import org.jetbrains.kotlin.resolve.constants.ConstantValue;
@@ -847,7 +848,9 @@ public class FunctionCodegen {
 
         // $default methods are never private to be accessible from other class files (e.g. inner) without the need of synthetic accessors
         // $default methods are never protected to be accessible from subclass nested classes
-        int visibilityFlag = Visibilities.isPrivate(functionDescriptor.getVisibility()) ? AsmUtil.NO_FLAG_PACKAGE_PRIVATE : Opcodes.ACC_PUBLIC;
+        int visibilityFlag = Visibilities.isPrivate(functionDescriptor.getVisibility()) ||
+                             AnnotationUtilKt.isInlineOnlyOrReified(functionDescriptor) ?
+                             AsmUtil.NO_FLAG_PACKAGE_PRIVATE : Opcodes.ACC_PUBLIC;
         int flags =  visibilityFlag | getDeprecatedAccessFlag(functionDescriptor) | ACC_SYNTHETIC;
         if (!(functionDescriptor instanceof ConstructorDescriptor)) {
             flags |= ACC_STATIC | ACC_BRIDGE;
diff --git a/compiler/testData/writeFlags/function/withDefaultArguments/inlineOnlyFunInClass.kt b/compiler/testData/writeFlags/function/withDefaultArguments/inlineOnlyFunInClass.kt
new file mode 100644
index 00000000000..9d64aacab0e
--- /dev/null
+++ b/compiler/testData/writeFlags/function/withDefaultArguments/inlineOnlyFunInClass.kt
@@ -0,0 +1,10 @@
+class MyClass() {
+    @Suppress("INVISIBLE_MEMBER", "INVISIBLE_REFERENCE")
+    @kotlin.internal.InlineOnly
+    inline fun test(s: String = "") {
+    }
+}
+
+// TESTED_OBJECT_KIND: function
+// TESTED_OBJECTS: MyClass, test$default
+// FLAGS: ACC_STATIC, ACC_BRIDGE, ACC_SYNTHETIC
diff --git a/compiler/testData/writeFlags/function/withDefaultArguments/reifiedFunInClass.kt b/compiler/testData/writeFlags/function/withDefaultArguments/reifiedFunInClass.kt
new file mode 100644
index 00000000000..362f7424265
--- /dev/null
+++ b/compiler/testData/writeFlags/function/withDefaultArguments/reifiedFunInClass.kt
@@ -0,0 +1,7 @@
+class MyClass() {
+    inline fun <reified T> test(s: String = "") {}
+}
+
+// TESTED_OBJECT_KIND: function
+// TESTED_OBJECTS: MyClass, test$default
+// FLAGS: ACC_STATIC, ACC_BRIDGE, ACC_SYNTHETIC
diff --git a/compiler/tests/org/jetbrains/kotlin/codegen/flags/WriteFlagsTestGenerated.java b/compiler/tests/org/jetbrains/kotlin/codegen/flags/WriteFlagsTestGenerated.java
index cfd7f30fb8c..3ae306337fe 100644
--- a/compiler/tests/org/jetbrains/kotlin/codegen/flags/WriteFlagsTestGenerated.java
+++ b/compiler/tests/org/jetbrains/kotlin/codegen/flags/WriteFlagsTestGenerated.java
@@ -555,6 +555,18 @@ public class WriteFlagsTestGenerated extends AbstractWriteFlagsTest {
                 doTest(fileName);
             }
 
+            @TestMetadata("inlineOnlyFunInClass.kt")
+            public void testInlineOnlyFunInClass() throws Exception {
+                String fileName = KotlinTestUtils.navigationMetadata("compiler/testData/writeFlags/function/withDefaultArguments/inlineOnlyFunInClass.kt");
+                doTest(fileName);
+            }
+
+            @TestMetadata("reifiedFunInClass.kt")
+            public void testReifiedFunInClass() throws Exception {
+                String fileName = KotlinTestUtils.navigationMetadata("compiler/testData/writeFlags/function/withDefaultArguments/reifiedFunInClass.kt");
+                doTest(fileName);
+            }
+
             @TestMetadata("topLevelFun.kt")
             public void testTopLevelFun() throws Exception {
                 String fileName = KotlinTestUtils.navigationMetadata("compiler/testData/writeFlags/function/withDefaultArguments/topLevelFun.kt");