diff --git a/arch/xtensa/kernel/stacktrace.c b/arch/xtensa/kernel/stacktrace.c
index 0df4080fa20f..a94da7dd3eae 100644
--- a/arch/xtensa/kernel/stacktrace.c
+++ b/arch/xtensa/kernel/stacktrace.c
@@ -253,10 +253,14 @@ static int return_address_cb(struct stackframe *frame, void *data)
 	return 1;
 }
 
+/*
+ * level == 0 is for the return address from the caller of this function,
+ * not from this function itself.
+ */
 unsigned long return_address(unsigned level)
 {
 	struct return_addr_data r = {
-		.skip = level + 1,
+		.skip = level,
 	};
 	walk_stackframe(stack_pointer(NULL), return_address_cb, &r);
 	return r.addr;