diff --git a/src/pages/tasks/NewTaskDescriptionPage.tsx b/src/pages/tasks/NewTaskDescriptionPage.tsx
index a5eb79497707..d227ec8c2551 100644
--- a/src/pages/tasks/NewTaskDescriptionPage.tsx
+++ b/src/pages/tasks/NewTaskDescriptionPage.tsx
@@ -1,6 +1,6 @@
 import type {StackScreenProps} from '@react-navigation/stack';
 import ExpensiMark from 'expensify-common/lib/ExpensiMark';
-import React from 'react';
+import React, {useMemo} from 'react';
 import {View} from 'react-native';
 import {withOnyx} from 'react-native-onyx';
 import type {OnyxEntry} from 'react-native-onyx';
@@ -38,6 +38,7 @@ function NewTaskDescriptionPage({task}: NewTaskDescriptionPageProps) {
     const styles = useThemeStyles();
     const {translate} = useLocalize();
     const {inputCallbackRef} = useAutoFocusInput();
+    const defaultDescriptionValue = useMemo(() => parser.htmlToMarkdown(parser.replace(task?.description ?? '')), [task?.description]);
 
     const onSubmit = (values: FormOnyxValues<typeof ONYXKEYS.FORMS.NEW_TASK_FORM>) => {
         TaskActions.setDescriptionValue(values.taskDescription);
@@ -77,7 +78,7 @@ function NewTaskDescriptionPage({task}: NewTaskDescriptionPageProps) {
                     <View style={styles.mb5}>
                         <InputWrapperWithRef
                             InputComponent={TextInput}
-                            defaultValue={parser.htmlToMarkdown(parser.replace(task?.description ?? ''))}
+                            defaultValue={defaultDescriptionValue}
                             inputID={INPUT_IDS.TASK_DESCRIPTION}
                             label={translate('newTaskPage.descriptionOptional')}
                             accessibilityLabel={translate('newTaskPage.descriptionOptional')}
diff --git a/src/pages/tasks/NewTaskDetailsPage.tsx b/src/pages/tasks/NewTaskDetailsPage.tsx
index 15612e20afd7..aab5351440f5 100644
--- a/src/pages/tasks/NewTaskDetailsPage.tsx
+++ b/src/pages/tasks/NewTaskDetailsPage.tsx
@@ -1,6 +1,6 @@
 import type {StackScreenProps} from '@react-navigation/stack';
 import ExpensiMark from 'expensify-common/lib/ExpensiMark';
-import React, {useEffect, useState} from 'react';
+import React, {useEffect, useMemo, useState} from 'react';
 import {View} from 'react-native';
 import {withOnyx} from 'react-native-onyx';
 import type {OnyxEntry} from 'react-native-onyx';
@@ -40,11 +40,12 @@ function NewTaskDetailsPage({task}: NewTaskDetailsPageProps) {
     const [taskDescription, setTaskDescription] = useState(task?.description ?? '');
 
     const {inputCallbackRef} = useAutoFocusInput();
+    const defaultDescriptionValue = useMemo(() => parser.htmlToMarkdown(parser.replace(taskDescription)), [taskDescription]);
 
     useEffect(() => {
         setTaskTitle(task?.title ?? '');
         setTaskDescription(parser.htmlToMarkdown(parser.replace(task?.description ?? '')));
-    }, [task]);
+    }, [task?.description, task?.title]);
 
     const validate = (values: FormOnyxValues<typeof ONYXKEYS.FORMS.NEW_TASK_FORM>): FormInputErrors<typeof ONYXKEYS.FORMS.NEW_TASK_FORM> => {
         const errors = {};
@@ -114,7 +115,7 @@ function NewTaskDetailsPage({task}: NewTaskDetailsPageProps) {
                         autoGrowHeight
                         shouldSubmitForm
                         containerStyles={styles.autoGrowHeightMultilineInput}
-                        defaultValue={parser.htmlToMarkdown(parser.replace(taskDescription))}
+                        defaultValue={defaultDescriptionValue}
                         value={taskDescription}
                         onValueChange={setTaskDescription}
                     />
diff --git a/src/pages/tasks/TaskDescriptionPage.tsx b/src/pages/tasks/TaskDescriptionPage.tsx
index e08d6380bb18..c5badbf1d757 100644
--- a/src/pages/tasks/TaskDescriptionPage.tsx
+++ b/src/pages/tasks/TaskDescriptionPage.tsx
@@ -1,6 +1,6 @@
 import {useFocusEffect} from '@react-navigation/native';
 import ExpensiMark from 'expensify-common/lib/ExpensiMark';
-import React, {useCallback, useRef} from 'react';
+import React, {useCallback, useMemo, useRef} from 'react';
 import {View} from 'react-native';
 import FullPageNotFoundView from '@components/BlockingViews/FullPageNotFoundView';
 import FormProvider from '@components/Form/FormProvider';
@@ -70,6 +70,7 @@ function TaskDescriptionPage({report, currentUserPersonalDetails}: TaskDescripti
     const isOpen = ReportUtils.isOpenTaskReport(report);
     const canModifyTask = Task.canModifyTask(report, currentUserPersonalDetails.accountID);
     const isTaskNonEditable = ReportUtils.isTaskReport(report) && (!canModifyTask || !isOpen);
+    const defaultDescriptionValue = useMemo(() => parser.htmlToMarkdown(parser.replace(report?.description ?? '') || ''), [report?.description]);
 
     useFocusEffect(
         useCallback(() => {
@@ -111,7 +112,7 @@ function TaskDescriptionPage({report, currentUserPersonalDetails}: TaskDescripti
                             name={INPUT_IDS.DESCRIPTION}
                             label={translate('newTaskPage.descriptionOptional')}
                             accessibilityLabel={translate('newTaskPage.descriptionOptional')}
-                            defaultValue={parser.htmlToMarkdown((report && parser.replace(report?.description ?? '')) || '')}
+                            defaultValue={defaultDescriptionValue}
                             ref={(element: AnimatedTextInputRef) => {
                                 if (!element) {
                                     return;