diff --git a/include/kernel-version.mk b/include/kernel-version.mk
index cdc3704425..1d752d2775 100644
--- a/include/kernel-version.mk
+++ b/include/kernel-version.mk
@@ -9,12 +9,12 @@ endif
 LINUX_VERSION-4.9 = .227
 LINUX_VERSION-4.14 = .184
 LINUX_VERSION-4.19 = .128
-LINUX_VERSION-5.4 = .45
+LINUX_VERSION-5.4 = .46
 
 LINUX_KERNEL_HASH-4.9.227 = 38c485b411a14e825f8a66a5c2e64f1480397325a5f692b4929f68d228070c5f
 LINUX_KERNEL_HASH-4.14.184 = 2ff51e278fb3dab918f5014f7966bdfd839b108bc6644d9f9b559d169801d940
 LINUX_KERNEL_HASH-4.19.128 = 29aba6849c972c0079ddee4aaf476a500ef52d937c7ba02ceec4c7cf4753613c
-LINUX_KERNEL_HASH-5.4.45 = 103f039f34a9009c42ea643b4f473bda6bb9607d5ad7f63b56b3e2351615fe2e
+LINUX_KERNEL_HASH-5.4.46 = 30074ff2f1a2498da391fad73fc0efaa2256416a08fff8835069b1c59ab31b8e
 
 remove_uri_prefix=$(subst git://,,$(subst http://,,$(subst https://,,$(1))))
 sanitize_uri=$(call qstrip,$(subst @,_,$(subst :,_,$(subst .,_,$(subst -,_,$(subst /,_,$(1)))))))
diff --git a/target/linux/layerscape/patches-5.4/701-net-0262-net-dsa-ocelot-add-tagger-for-Ocelot-Felix-switches.patch b/target/linux/layerscape/patches-5.4/701-net-0262-net-dsa-ocelot-add-tagger-for-Ocelot-Felix-switches.patch
index f26850035a..38d9e0b5bd 100644
--- a/target/linux/layerscape/patches-5.4/701-net-0262-net-dsa-ocelot-add-tagger-for-Ocelot-Felix-switches.patch
+++ b/target/linux/layerscape/patches-5.4/701-net-0262-net-dsa-ocelot-add-tagger-for-Ocelot-Felix-switches.patch
@@ -73,7 +73,7 @@ Signed-off-by: David S. Miller <davem@davemloft.net>
  struct packet_type;
 --- a/net/dsa/Kconfig
 +++ b/net/dsa/Kconfig
-@@ -79,6 +79,13 @@ config NET_DSA_TAG_KSZ
+@@ -80,6 +80,13 @@ config NET_DSA_TAG_KSZ
  	  Say Y if you want to enable support for tagging frames for the
  	  Microchip 8795/9477/9893 families of switches.
  
diff --git a/target/linux/ramips/patches-5.4/401-net-ethernet-mediatek-support-net-labels.patch b/target/linux/ramips/patches-5.4/401-net-ethernet-mediatek-support-net-labels.patch
index 69e3c296ca..206826c1b2 100644
--- a/target/linux/ramips/patches-5.4/401-net-ethernet-mediatek-support-net-labels.patch
+++ b/target/linux/ramips/patches-5.4/401-net-ethernet-mediatek-support-net-labels.patch
@@ -14,7 +14,7 @@ Signed-off-by: René van Dorst <opensource@vdorst.com>
 
 --- a/drivers/net/ethernet/mediatek/mtk_eth_soc.c
 +++ b/drivers/net/ethernet/mediatek/mtk_eth_soc.c
-@@ -2779,6 +2779,7 @@ static const struct net_device_ops mtk_n
+@@ -2784,6 +2784,7 @@ static const struct net_device_ops mtk_n
  
  static int mtk_add_mac(struct mtk_eth *eth, struct device_node *np)
  {
@@ -22,7 +22,7 @@ Signed-off-by: René van Dorst <opensource@vdorst.com>
  	const __be32 *_id = of_get_property(np, "reg", NULL);
  	struct phylink *phylink;
  	int phy_mode, id, err;
-@@ -2869,6 +2870,9 @@ static int mtk_add_mac(struct mtk_eth *e
+@@ -2874,6 +2875,9 @@ static int mtk_add_mac(struct mtk_eth *e
  	eth->netdev[id]->irq = eth->irq[0];
  	eth->netdev[id]->dev.of_node = np;