diff --git a/packages/loot-core/src/server/transactions/transaction-rules.test.ts b/packages/loot-core/src/server/transactions/transaction-rules.test.ts
index 949f16d8eb..099c501853 100644
--- a/packages/loot-core/src/server/transactions/transaction-rules.test.ts
+++ b/packages/loot-core/src/server/transactions/transaction-rules.test.ts
@@ -510,6 +510,36 @@ describe('Transaction rules', () => {
     // todo: isapprox
   });
 
+  test('transactions can be queried by hasTags when tag starts with dollar', async () => {
+    await loadRules();
+    const account = await db.insertAccount({ name: 'bank' });
+    const payeeId = await db.insertPayee({ name: 'payee' });
+
+    await db.insertTransaction({
+      id: '1',
+      date: '2020-10-01',
+      account,
+      payee: payeeId,
+      notes: 'Follow up #$Bug_Test issue',
+      amount: 123,
+    });
+
+    await db.insertTransaction({
+      id: '2',
+      date: '2020-10-01',
+      account,
+      payee: payeeId,
+      notes: 'Follow up #Tag_1 issue',
+      amount: 123,
+    });
+
+    const transactions = await getMatchingTransactions([
+      { field: 'notes', op: 'hasTags', value: '#$Bug_Test' },
+    ]);
+
+    expect(transactions.map(t => t.id)).toEqual(['1']);
+  });
+
   test('and sub expression builds $and condition', async () => {
     const conds = [{ field: 'category', op: 'is', value: null }];
     const { filters } = conditionsToAQL(conds);
diff --git a/packages/loot-core/src/server/transactions/transaction-rules.ts b/packages/loot-core/src/server/transactions/transaction-rules.ts
index 6cbe5087ab..78ffb30af0 100644
--- a/packages/loot-core/src/server/transactions/transaction-rules.ts
+++ b/packages/loot-core/src/server/transactions/transaction-rules.ts
@@ -599,22 +599,26 @@ export function conditionsToAQL(
         }
         return { $or: values.map(v => apply(field, '$eq', v)) };
 
-      case 'hasTags':
+      case 'hasTags': {
         const tagValues = [];
+        const seenTags = new Set();
         for (const [_, tag] of value.matchAll(/(?<!#)(#[^#\s]+)/g)) {
-          if (!tagValues.find(t => t.tag === tag)) {
+          if (!seenTags.has(tag)) {
+            seenTags.add(tag);
             tagValues.push(tag);
           }
         }
 
         return {
           $and: tagValues.map(v => {
-            const regex = new RegExp(
-              `(?<!#)${v.replace(/[.*+?^${}()|[\]\\]/g, '\\$&')}([\\s#]|$)`,
-            );
-            return apply(field, '$regexp', regex.source);
+            const escapedTag = v
+              .replace(/[.*+?^${}()|[\]\\]/g, '\\$&')
+              .replace(/\\\$/g, '[$]'); // Use '[$]' instead of '\$' so AQL string unescaping doesn't turn it into a bare '$' end-of-string anchor
+            const pattern = `(?<!#)${escapedTag}([\\s#]|$)`;
+            return apply(field, '$regexp', pattern);
           }),
         };
+      }
 
       case 'notOneOf':
         const notValues = value;
diff --git a/upcoming-release-notes/7324.md b/upcoming-release-notes/7324.md
new file mode 100644
index 0000000000..2a3c4255b8
--- /dev/null
+++ b/upcoming-release-notes/7324.md
@@ -0,0 +1,6 @@
+---
+category: Bugfixes
+authors: [gust0717]
+---
+
+Fixes transaction query by tag when tag starts with $