diff --git a/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js b/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js
index 8f33b258eb..b6f2fb6337 100644
--- a/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js
+++ b/packages/eslint-plugin-react-hooks/__tests__/ESLintRuleExhaustiveDeps-test.js
@@ -972,6 +972,26 @@ const tests = {
         }
       `,
     },
+    {
+      code: `
+        function Example() {
+          const foo = useCallback(() => {
+            foo();
+          }, []);
+        }
+      `,
+    },
+    {
+      code: `
+        function Example({ prop }) {
+          const foo = useCallback(() => {
+            if (prop) {
+              foo();
+            }
+          }, [prop]);
+        }
+      `,
+    },
   ],
   invalid: [
     {
@@ -4441,6 +4461,52 @@ const tests = {
           `This lets you handle multiple requests without bugs.`,
       ],
     },
+    {
+      code: `
+        function Example() {
+          const foo = useCallback(() => {
+            foo();
+          }, [foo]);
+        }
+      `,
+      output: `
+        function Example() {
+          const foo = useCallback(() => {
+            foo();
+          }, []);
+        }
+      `,
+      errors: [
+        "React Hook useCallback has an unnecessary dependency: 'foo'. " +
+          'Either exclude it or remove the dependency array.',
+      ],
+    },
+    {
+      code: `
+        function Example({ prop }) {
+          const foo = useCallback(() => {
+            prop.hello(foo);
+          }, [foo]);
+          const bar = useCallback(() => {
+            foo();
+          }, [foo]);
+        }
+      `,
+      output: `
+        function Example({ prop }) {
+          const foo = useCallback(() => {
+            prop.hello(foo);
+          }, [prop]);
+          const bar = useCallback(() => {
+            foo();
+          }, [foo]);
+        }
+      `,
+      errors: [
+        "React Hook useCallback has a missing dependency: 'prop'. " +
+          'Either include it or remove the dependency array.',
+      ],
+    },
   ],
 };
 
diff --git a/packages/eslint-plugin-react-hooks/src/ExhaustiveDeps.js b/packages/eslint-plugin-react-hooks/src/ExhaustiveDeps.js
index d90e980859..39f349b07b 100644
--- a/packages/eslint-plugin-react-hooks/src/ExhaustiveDeps.js
+++ b/packages/eslint-plugin-react-hooks/src/ExhaustiveDeps.js
@@ -401,6 +401,16 @@ export default {
             });
           }
 
+          // Ignore references to the function itself as it's not defined yet.
+          const def = reference.resolved.defs[0];
+          if (
+            def != null &&
+            def.node != null &&
+            def.node.init === node.parent
+          ) {
+            continue;
+          }
+
           // Add the dependency to a map so we can make sure it is referenced
           // again in our dependencies array. Remember whether it's static.
           if (!dependencies.has(dependency)) {