diff --git a/CHANGELOG.md b/CHANGELOG.md
index c5a4ec680..55d10190b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,7 @@ v2.6.1 (FUTURE)
 ## Bug Fixes
 
 * [#3275](https://github.com/digitalocean/netbox/issues/3275) - Fix error when adding power outlets to a device type
+* [#3279](https://github.com/digitalocean/netbox/issues/3279) - Reset the PostgreSQL sequence for Tag and TaggedItem IDs
 
 ---
 
diff --git a/netbox/extras/migrations/0023_fix_tag_sequences.py b/netbox/extras/migrations/0023_fix_tag_sequences.py
new file mode 100644
index 000000000..faef5aa96
--- /dev/null
+++ b/netbox/extras/migrations/0023_fix_tag_sequences.py
@@ -0,0 +1,14 @@
+from django.db import migrations
+
+
+class Migration(migrations.Migration):
+
+    dependencies = [
+        ('extras', '0022_custom_links'),
+    ]
+
+    operations = [
+        # Update the last_value for tag Tag and TaggedItem ID sequences
+        migrations.RunSQL("SELECT setval('extras_tag_id_seq', (SELECT id FROM extras_tag ORDER BY id DESC LIMIT 1) + 1)"),
+        migrations.RunSQL("SELECT setval('extras_taggeditem_id_seq', (SELECT id FROM extras_taggeditem ORDER BY id DESC LIMIT 1) + 1)"),
+    ]