diff --git a/ChangeLog.rst b/ChangeLog.rst
index 1b2f7ce..428622f 100644
--- a/ChangeLog.rst
+++ b/ChangeLog.rst
@@ -11,6 +11,10 @@ master
     - Provide programmatically accessible package version number.
     - Migrate package metadata from setup.py to setup.cfg and specify the PEP-517 build-backend to use with the project.
 
+*Bugfix:*
+    - Fixed a :code:`KeyError` that happened when saving a Model with :code:`update_fields` specified after updating a
+      field value with an :code:`F` object (#118).
+
 .. _v1.6.0:
 
 1.6.0 (07/04/2021)
diff --git a/src/dirtyfields/dirtyfields.py b/src/dirtyfields/dirtyfields.py
index 9d971c7..6011564 100644
--- a/src/dirtyfields/dirtyfields.py
+++ b/src/dirtyfields/dirtyfields.py
@@ -48,6 +48,12 @@ def _connect_m2m_relations(self):
                     name=self.__class__.__name__))
 
     def _as_dict(self, check_relationship, include_primary_key=True):
+        """
+        Capture the model fields' state as a dictionary.
+
+        Only capture values we are confident are in the database, or would be
+        saved to the database if self.save() is called.
+        """
         all_field = {}
 
         deferred_fields = self.get_deferred_fields()
@@ -165,7 +171,18 @@ def reset_state(sender, instance, **kwargs):
                 if field.get_attname() in instance.get_deferred_fields():
                     continue
 
-                instance._original_state[field.name] = new_state[field.name]
+                if field.name in new_state:
+                    instance._original_state[field.name] = (
+                        new_state[field.name]
+                    )
+                else:
+                    # If we are here it means the field was updated in the DB,
+                    # and we don't know the new value in the database.
+                    # e.g it was updated with an F() expression.
+                    # Because we now don't know the value in the DB,
+                    # we remove it from _original_state, because we can't tell
+                    # if its dirty or not.
+                    del instance._original_state[field.name]
     else:
         instance._original_state = new_state
 
diff --git a/tests/test_non_regression.py b/tests/test_non_regression.py
index 517f6f1..00c3494 100644
--- a/tests/test_non_regression.py
+++ b/tests/test_non_regression.py
@@ -1,5 +1,6 @@
 import pytest
 from django.db import IntegrityError
+from django.db.models import F
 from django.test.utils import override_settings
 
 from .models import (ModelTest, ModelWithForeignKeyTest, ModelWithNonEditableFieldsTest,
@@ -173,3 +174,21 @@ def test_access_deferred_field_doesnt_reset_state():
     assert tm_deferred.get_deferred_fields() == set()
     # previously accessing the deferred field would reset the dirty state.
     assert tm_deferred.get_dirty_fields() == {"boolean": True}
+
+
+@pytest.mark.django_db
+def test_f_objects_and_save_update_fields_works():
+    # Non regression test case for bug:
+    # https://github.com/romgar/django-dirtyfields/issues/118
+    tm = ExpressionModelTest.objects.create(counter=0)
+    assert tm.counter == 0
+
+    tm.counter = F("counter") + 1
+    tm.save()
+    tm.refresh_from_db()
+    assert tm.counter == 1
+
+    tm.counter = F("counter") + 1
+    tm.save(update_fields=["counter"])
+    tm.refresh_from_db()
+    assert tm.counter == 2
diff --git a/tests/test_save_fields.py b/tests/test_save_fields.py
index 2a08c1e..0e564f5 100644
--- a/tests/test_save_fields.py
+++ b/tests/test_save_fields.py
@@ -1,6 +1,13 @@
 import pytest
 
-from .models import ModelTest, MixedFieldsModelTest, ModelWithForeignKeyTest
+from django.db.models import F
+
+from .models import (
+    ExpressionModelTest,
+    MixedFieldsModelTest,
+    ModelTest,
+    ModelWithForeignKeyTest,
+)
 from .utils import assert_number_of_queries_on_regex
 
 
@@ -139,3 +146,68 @@ def test_save_deferred_field_with_update_fields_behaviour():
     tm.save(update_fields=['boolean'])
     tm.boolean = False
     assert tm.get_dirty_fields() == {'boolean': True}
+
+
+@pytest.mark.django_db
+def test_get_dirty_fields_when_saving_with_f_objects():
+    """
+    This documents how get_dirty_fields() behaves when updating model fields
+    with F objects.
+    """
+
+    tm = ExpressionModelTest.objects.create(counter=0)
+    assert tm.counter == 0
+    assert tm.get_dirty_fields() == {}
+
+    tm.counter = F("counter") + 1
+    # tm.counter field is not considered dirty because it doesn't have a simple
+    # value in memory we can compare to the original value.
+    # i.e. we don't know what value it will be in the database after the F
+    # object is translated into SQL.
+    assert tm.get_dirty_fields() == {}
+
+    tm.save()
+    # tm.counter is still an F object after save() - we don't know the new
+    # value in the database.
+    assert tm.get_dirty_fields() == {}
+
+    tm.counter = 10
+    # even though we have now assigned a literal value to tm.counter, we don't
+    # know the value in the database, so it is not considered dirty.
+    assert tm.get_dirty_fields() == {}
+
+    tm.save()
+    assert tm.get_dirty_fields() == {}
+
+    tm.refresh_from_db()
+    # if we call refresh_from_db(), we load the database value,
+    # so we can assign a value and make the field dirty again.
+    tm.counter = 20
+    assert tm.get_dirty_fields() == {"counter": 10}
+
+
+@pytest.mark.django_db
+def test_get_dirty_fields_when_saving_with_f_objects_update_fields_specified():
+    """
+    Same as above but with update_fields specified when saving/refreshing
+    """
+
+    tm = ExpressionModelTest.objects.create(counter=0)
+    assert tm.counter == 0
+    assert tm.get_dirty_fields() == {}
+
+    tm.counter = F("counter") + 1
+    assert tm.get_dirty_fields() == {}
+
+    tm.save(update_fields={"counter"})
+    assert tm.get_dirty_fields() == {}
+
+    tm.counter = 10
+    assert tm.get_dirty_fields() == {}
+
+    tm.save(update_fields={"counter"})
+    assert tm.get_dirty_fields() == {}
+
+    tm.refresh_from_db(fields={"counter"})
+    tm.counter = 20
+    assert tm.get_dirty_fields() == {"counter": 10}