diff --git a/block/blk-throttle.c b/block/blk-throttle.c
index 847721dc2b2b..f1bc600c4ded 100644
--- a/block/blk-throttle.c
+++ b/block/blk-throttle.c
@@ -1066,7 +1066,6 @@ static void tg_dispatch_one_bio(struct throtl_grp *tg, bool rw)
 	sq->nr_queued[rw]--;
 
 	throtl_charge_bio(tg, bio);
-	bio_set_flag(bio, BIO_BPS_THROTTLED);
 
 	/*
 	 * If our parent is another tg, we just need to transfer @bio to
@@ -1079,6 +1078,7 @@ static void tg_dispatch_one_bio(struct throtl_grp *tg, bool rw)
 		throtl_add_bio_tg(bio, &tg->qnode_on_parent[rw], parent_tg);
 		start_parent_slice_with_credit(tg, parent_tg, rw);
 	} else {
+		bio_set_flag(bio, BIO_BPS_THROTTLED);
 		throtl_qnode_add_bio(bio, &tg->qnode_on_parent[rw],
 				     &parent_sq->queued[rw]);
 		BUG_ON(tg->td->nr_queued[rw] <= 0);