diff --git a/docs/release-notes/version-2.8.md b/docs/release-notes/version-2.8.md
index 22fec3544..d5cbd1261 100644
--- a/docs/release-notes/version-2.8.md
+++ b/docs/release-notes/version-2.8.md
@@ -7,6 +7,7 @@
 * [#4698](https://github.com/netbox-community/netbox/issues/4698) - Improve display of template code for object in admin UI
 * [#4717](https://github.com/netbox-community/netbox/issues/4717) - Introduce `ALLOWED_URL_SCHEMES` configuration parameter to mitigate dangerous hyperlinks
 * [#4755](https://github.com/netbox-community/netbox/issues/4755) - Enable creation of rack reservations directly from navigation menu
+* [#4761](https://github.com/netbox-community/netbox/issues/4761) - Enable tag assignment during bulk creation of IP addresses
 
 ### Bug Fixes
 
diff --git a/netbox/ipam/forms.py b/netbox/ipam/forms.py
index fc1352ec9..de7c11118 100644
--- a/netbox/ipam/forms.py
+++ b/netbox/ipam/forms.py
@@ -681,11 +681,14 @@ class IPAddressBulkAddForm(BootstrapMixin, TenancyForm, CustomFieldModelForm):
         required=False,
         label='VRF'
     )
+    tags = TagField(
+        required=False
+    )
 
     class Meta:
         model = IPAddress
         fields = [
-            'address', 'vrf', 'status', 'role', 'dns_name', 'description', 'tenant_group', 'tenant',
+            'address', 'vrf', 'status', 'role', 'dns_name', 'description', 'tenant_group', 'tenant', 'tags',
         ]
         widgets = {
             'status': StaticSelect2(),
diff --git a/netbox/templates/ipam/ipaddress_bulk_add.html b/netbox/templates/ipam/ipaddress_bulk_add.html
index 5d4f4f7cb..bbb179fc8 100644
--- a/netbox/templates/ipam/ipaddress_bulk_add.html
+++ b/netbox/templates/ipam/ipaddress_bulk_add.html
@@ -26,6 +26,12 @@
             {% render_field model_form.tenant %}
         </div>
     </div>
+    <div class="panel panel-default">
+        <div class="panel-heading"><strong>Tags</strong></div>
+        <div class="panel-body">
+            {% render_field model_form.tags %}
+        </div>
+    </div>
     {% if model_form.custom_fields %}
         <div class="panel panel-default">
             <div class="panel-heading"><strong>Custom Fields</strong></div>