diff --git a/src/components/MoneyRequestReportView/MoneyRequestReportTransactionList.tsx b/src/components/MoneyRequestReportView/MoneyRequestReportTransactionList.tsx
index c8a95a17b3eb..f4c9c81c0cfa 100644
--- a/src/components/MoneyRequestReportView/MoneyRequestReportTransactionList.tsx
+++ b/src/components/MoneyRequestReportView/MoneyRequestReportTransactionList.tsx
@@ -188,7 +188,7 @@ function MoneyRequestReportTransactionList({
 
     const addExpenseDropdownOptions = useMemo(
         () => getAddExpenseDropdownOptions(expensifyIcons, report?.reportID, policy, undefined, undefined, lastDistanceExpenseType),
-        [report?.reportID, policy, lastDistanceExpenseType, expensifyIcons],
+        [report?.reportID, policy, lastDistanceExpenseType, expensifyIcons.Location],
     );
 
     const hasPendingAction = useMemo(() => {
@@ -276,8 +276,8 @@ function MoneyRequestReportTransactionList({
 
     // Always use default columns for money request report view (don't use user-customized search columns)
     const columnsToShow = useMemo(() => {
-        return getColumnsToShow(currentUserDetails?.accountID, transactions, [], true);
-    }, [transactions, currentUserDetails?.accountID]);
+        return getColumnsToShow(currentUserDetails?.accountID, transactions, [], true, undefined, undefined, isIOUReport(report));
+    }, [transactions, currentUserDetails?.accountID, report]);
 
     const currentGroupBy = getReportLayoutGroupBy(reportLayoutGroupBy);
 
diff --git a/src/components/TransactionItemRow/index.tsx b/src/components/TransactionItemRow/index.tsx
index 0593ce05dfa4..b20e544fa1de 100644
--- a/src/components/TransactionItemRow/index.tsx
+++ b/src/components/TransactionItemRow/index.tsx
@@ -25,7 +25,7 @@ import useThemeStyles from '@hooks/useThemeStyles';
 import {isCategoryMissing} from '@libs/CategoryUtils';
 import getBase62ReportID from '@libs/getBase62ReportID';
 import {computeReportName} from '@libs/ReportNameUtils';
-import {isExpenseReport, isSettled} from '@libs/ReportUtils';
+import {isExpenseReport, isIOUReport, isSettled} from '@libs/ReportUtils';
 import StringUtils from '@libs/StringUtils';
 import {
     getDescription,
@@ -685,7 +685,7 @@ function TransactionItemRow({
                     </View>
                     <View style={[styles.flexRow, styles.justifyContentBetween, styles.alignItemsStart]}>
                         <View style={[styles.flexColumn, styles.flex1]}>
-                            {hasCategoryOrTag && (
+                            {hasCategoryOrTag && !isIOUReport(report) && (
                                 <View style={[styles.flexRow, styles.alignItemsCenter, styles.gap2, styles.mt2, styles.minHeight4]}>
                                     <CategoryCell
                                         transactionItem={transactionItem}
diff --git a/src/libs/SearchUIUtils.ts b/src/libs/SearchUIUtils.ts
index 76e3624c0230..dbbb2176e3bc 100644
--- a/src/libs/SearchUIUtils.ts
+++ b/src/libs/SearchUIUtils.ts
@@ -106,6 +106,7 @@ import {
     isArchivedReport,
     isClosedReport,
     isInvoiceReport,
+    isIOUReport as isIOUReportReportUtil,
     isMoneyRequestReport,
     isOneTransactionReport,
     isOpenExpenseReport,
@@ -1275,6 +1276,7 @@ function getTransactionsSections(
             const fromAccountID = reportAction?.actorAccountID ?? report?.ownerAccountID;
             const from = fromAccountID ? (personalDetailsMap.get(fromAccountID.toString()) ?? emptyPersonalDetails) : emptyPersonalDetails;
             const to = getToFieldValueForTransaction(transactionItem, report, data.personalDetailsList, reportAction);
+            const isIOUReport = report?.type === CONST.REPORT.TYPE.IOU;
 
             const {formattedFrom, formattedTo, formattedTotal, formattedMerchant, date, submitted, approved, posted} = getTransactionItemCommonFormattedProperties(
                 transactionItem,
@@ -1314,6 +1316,7 @@ function getTransactionsSections(
                 isAmountColumnWide: shouldShowAmountInWideColumn,
                 isTaxAmountColumnWide: shouldShowTaxAmountInWideColumn,
                 violations: transactionViolations,
+                category: isIOUReport ? '' : transactionItem?.category,
             };
 
             transactionsSections.push(transactionSection);
@@ -1820,6 +1823,7 @@ function getReportSections(
             const actions = Object.values(reportActions[`${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${transactionItem.reportID}`] ?? {});
             const from = reportAction?.actorAccountID ? (data.personalDetailsList?.[reportAction.actorAccountID] ?? emptyPersonalDetails) : emptyPersonalDetails;
             const to = getToFieldValueForTransaction(transactionItem, report, data.personalDetailsList, reportAction);
+            const isIOUReport = report?.type === CONST.REPORT.TYPE.IOU;
 
             const {formattedFrom, formattedTo, formattedTotal, formattedMerchant, date} = getTransactionItemCommonFormattedProperties(
                 transactionItem,
@@ -1857,6 +1861,7 @@ function getReportSections(
                 violations: transactionViolations,
                 isAmountColumnWide: shouldShowAmountInWideColumn,
                 isTaxAmountColumnWide: shouldShowTaxAmountInWideColumn,
+                category: isIOUReport ? '' : transactionItem?.category,
             };
             if (reportIDToTransactions[reportKey]?.transactions) {
                 reportIDToTransactions[reportKey].transactions.push(transaction);
@@ -3022,6 +3027,7 @@ function getColumnsToShow(
     isExpenseReportView = false,
     type?: SearchDataTypes,
     groupBy?: SearchGroupBy,
+    isExpenseReportViewFromIOUReport = false,
 ): SearchColumnType[] {
     if (type === CONST.SEARCH.DATA_TYPES.EXPENSE_REPORT) {
         const defaultReportColumns: SearchColumnType[] = [
@@ -3222,12 +3228,12 @@ function getColumnsToShow(
 
         const category = getCategory(transaction);
         if (category !== '' && category !== CONST.SEARCH.CATEGORY_EMPTY_VALUE) {
-            columns[CONST.SEARCH.TABLE_COLUMNS.CATEGORY] = true;
+            columns[CONST.SEARCH.TABLE_COLUMNS.CATEGORY] = !isExpenseReportViewFromIOUReport;
         }
 
         const tag = getTag(transaction);
         if (tag !== '' && tag !== CONST.SEARCH.TAG_EMPTY_VALUE) {
-            columns[CONST.SEARCH.TABLE_COLUMNS.TAG] = true;
+            columns[CONST.SEARCH.TABLE_COLUMNS.TAG] = !isExpenseReportViewFromIOUReport;
         }
 
         if (isExpenseReportView) {
@@ -3246,6 +3252,9 @@ function getColumnsToShow(
                 columns[CONST.SEARCH.TABLE_COLUMNS.FROM] = true;
             }
 
+            columns[CONST.SEARCH.TABLE_COLUMNS.CATEGORY] = columns[CONST.SEARCH.TABLE_COLUMNS.CATEGORY] && !isIOUReportReportUtil(report);
+            columns[CONST.SEARCH.TABLE_COLUMNS.TAG] = columns[CONST.SEARCH.TABLE_COLUMNS.TAG] && !isIOUReportReportUtil(report);
+
             // eslint-disable-next-line @typescript-eslint/no-deprecated
             const toFieldValue = getToFieldValueForTransaction(transaction as SearchTransaction, report, data.personalDetailsList, reportAction);
             if (toFieldValue.accountID && toFieldValue.accountID !== currentAccountID && !columns[CONST.SEARCH.TABLE_COLUMNS.TO]) {