diff --git a/thunder/core/jit_ext.py b/thunder/core/jit_ext.py
index d31b13dd75..fe4d066fbe 100644
--- a/thunder/core/jit_ext.py
+++ b/thunder/core/jit_ext.py
@@ -53,6 +53,7 @@
 )
 
 import torch
+import torch.utils.checkpoint
 from thunder.core.proxies import (
     DistParallelType,
     proxy,
@@ -617,6 +618,231 @@ def _general_jit_torch_finfo_lookaside(dtype: thunder.dtypes.dtype):
     return res
 
 
+from torch.utils.checkpoint import noop_context_fn
+
+
+@register_general_jit_lookaside(torch.utils.checkpoint.checkpoint)
+@register_general_jit_lookaside(torch.ops.higher_order.tag_activation_checkpoint)
+def _general_jit_torch_checkpoint_lookaside(
+    function: Callable,
+    *args,
+    # use_reentrant=None,
+    # context_fn=noop_context_fn,
+    # determinism_check="default",
+    # debug=False,
+    **kwargs: Any,
+):
+    """
+    This function does preprocessing of the `function` argument before
+    dispatching the call to `thunder.torch.checkpoint`. This is necessary
+    because the `function` is potentially calling into PyTorch functions that
+    are not yet translated to Thunder. `thunder.torch.checkpoint` is a Thunder
+    function that can handle only Thunder functions as input.
+
+    Args:
+        function: The function to be checkpointed.
+        args: Arguments to the function.
+        kwargs: Keyword arguments to the function.
+
+    Returns:
+        The result of calling `thunder.torch.checkpoint` with the preprocessed
+        `function` and its arguments.
+    """
+    # from thunder.torch import checkpoint
+    from thunder.core.baseutils import check, sequencify
+    from thunder.core.transforms import augmented_forward_impls, backward_impls, VJPDual
+
+    jit_ctx: JitCtx = get_jit_ctx()
+
+    # Construct computation trace(trace_of_checkpoint), checkpoint_fwd_sym
+    jit_ctx.computation_trace.push_scope([])
+    func = unwrap(function)
+    result = _interpret_call(func, *args, **kwargs)
+
+    if result is INTERPRETER_SIGNALS.EXCEPTION_RAISED:
+        return result
+
+    bsyms: list[BoundSymbol] = jit_ctx.computation_trace.pop_scope()
+    unwrapped_result = unwrap(result)
+    trace_of_checkpoint = TraceCtx()
+    for bsym in bsyms:
+        trace_of_checkpoint.add_bound_symbol(bsym)
+    with tracectx(trace_of_checkpoint):
+        prims.python_return(unwrapped_result)
+
+    unwrapped_args = tree_map(lambda a: unwrap(a), args)
+
+    si = SigInfo("activation_checkpoint")
+    si.args.append(("function", None))
+    for a in unwrapped_args:
+        if isinstance(a, Proxy):
+            si.args.append((a.name, None))
+        else:
+            pa = proxy(a)
+            si.args.append((pa.name, None))
+    trace_of_checkpoint._siginfo = si
+    trace_of_checkpoint.args = (func, *unwrapped_args)
+
+    @wraps(trace_of_checkpoint.python_callable())
+    def core_of_forward(f, *args, **kwargs):
+        return thunder.core.trace_interpreter.interpret_trace(trace_of_checkpoint, f, *args, **kwargs)
+
+    def bind_postprocess(bsym):
+        bsym._call_ctx = {}
+
+    checkpoint_fwd_sym = Symbol(
+        name="activation_checkpoint",
+        id="activation_checkpoint",
+        meta=core_of_forward,
+        _bind_postprocess=bind_postprocess,
+    )
+    # checkpoint_fwd_sym = jit_ctx.ad_hoc_executor.register_operator(
+    #     "activation_checkpoint",
+    #     like=core_of_forward,
+    #     bind_postprocess=bind_postprocess,
+    # )
+    unwrapped_forward_result = checkpoint_fwd_sym(func, *unwrapped_args)
+    # return value
+    forward_result = wrap(
+        unwrapped_forward_result,
+        provenance=ProvenanceRecord(PseudoInst.LOOKASIDE, inputs=[function.provenance, result.provenance]),
+    )
+    # jit_ctx.ad_hoc_executor.register_implementation(checkpoint_fwd_sym, execution_transform=core_of_forward)
+    thunder.executors.torchex._register_implementation(
+        checkpoint_fwd_sym, core_of_forward, checker=thunder.executors.torchex._always_executable
+    )
+
+    # construct checkpoint augmented forward(trace_of_augmented_fwd), augmented forward meta function
+    augmented_bsym_output: tuple[tuple[TensorProxy, ...], tuple[TensorProxy, ...]] = (
+        tuple(sequencify(unwrapped_result)),
+        ((func, *sequencify(unwrapped_args)), {}),
+    )
+    trace_of_augmented_fwd = TraceCtx()
+    for bsym in bsyms:
+        trace_of_augmented_fwd.add_bound_symbol(bsym)
+    with tracectx(trace_of_augmented_fwd):
+        prims.python_return(augmented_bsym_output)
+    si = SigInfo(checkpoint_fwd_sym.name)
+    si.args.append(("function", None))
+    for a in unwrapped_args:
+        if isinstance(a, Proxy):
+            si.args.append((a.name, None))
+        else:
+            pa = proxy(a)
+            si.args.append((pa.name, None))
+    trace_of_augmented_fwd._siginfo = si
+    # TODO: support kwargs
+    trace_of_augmented_fwd.args = (func, *unwrapped_args)
+
+    @wraps(trace_of_augmented_fwd.python_callable())
+    def core_of_augmented_forward(f, *args, **kwargs):
+        return thunder.core.trace_interpreter.interpret_trace(trace_of_augmented_fwd, f, *args, **kwargs)
+
+    @wraps(core_of_augmented_forward)
+    def augmented_custom_forward_rule(f, *args, **kwargs):
+        primal, residulas = core_of_augmented_forward(f, *args, **kwargs)
+        # import pdb;pdb.set_trace()
+        return VJPDual(primal=primal, residuals=residulas)
+
+    augmented_forward_impls[checkpoint_fwd_sym.name] = augmented_custom_forward_rule
+
+    # construct backward, has problem
+    from thunder.core.transforms import vjp
+
+    def checkpoint_backward(
+        function,
+        args,
+        kwargs,
+        *grad_outputs,
+    ):
+        result, grad = vjp(function)(args, grad_outputs, **kwargs)
+        return grad  # result
+
+    grads = tree_map(
+        lambda a: a.replace_name(f"grad_{a.name}"),
+        sequencify(unwrapped_forward_result),
+    )
+    trace_of_backward = TraceCtx()
+    bwd_si = SigInfo(f"{checkpoint_fwd_sym.name}_backward")
+    bwd_si.args.append(("function", None))
+    for a in unwrapped_args + grads:
+        if isinstance(a, Proxy):
+            bwd_si.args.append((a.name, None))
+        else:
+            pa = proxy(a)
+            bwd_si.args.append((pa.name, None))
+    trace_of_backward._siginfo = bwd_si
+    trace_of_backward.args = (func, *(unwrapped_args + grads))
+
+    jit_ctx.computation_trace.push_scope([])
+    wrapped_grads = tree_map(lambda g: wrap(g, provenance=result.provenance), grads)
+
+    # pr1 = ProvenanceRecord(PseudoInst.BUILD_TUPLE, inputs=[v.provenance for v in args])  # other inst?
+    # pr2 = ProvenanceRecord(PseudoInst.BUILD_TUPLE, inputs=[v.provenance for v in wrapped_grads])
+    # res = _interpret_call(func, *args, **kwargs)
+    tmp = vjp(checkpoint_fwd_sym)
+    import pdb
+
+    pdb.set_trace()
+    # TODO How to call vjp on forward symbol, currently:
+    # TypeError: decomposed_fn_backward_rule(decomposed_fn, args, kwargs, saved_for_backward, *grads) doesn't match the signature of
+    # result = backward(*residuals, *cotangents) when activation_checkpoint augforward symbol is registered but backward is not and use decomposition
+    # residules are saved_for_backward here??
+    checkpoint_backward_result = tmp((func, *unwrapped_args), grads, **kwargs)
+
+    if checkpoint_backward_result is INTERPRETER_SIGNALS.EXCEPTION_RAISED:
+        return checkpoint_backward_result
+
+    checkpoint_bwd_sym: list[BoundSymbol] = jit_ctx.computation_trace.pop_scope()
+
+    for bsym in checkpoint_bwd_sym:
+        trace_of_backward.add_bound_symbol(bsym)
+    with tracectx(trace_of_backward):
+        prims.python_return.bind(*unwrap(checkpoint_backward_result)[1], output=())
+
+    # @wraps(trace_of_backward.python_callable())
+    # def bwd_trace_callable_interface(f, *args, **kwargs):
+    #     return thunder.core.trace_interpreter.interpret_trace(trace_of_backward, f, *args, **kwargs)
+
+    # bwd_si = SigInfo("backward_impl")
+    # bwd_si.args.append(("function", None))
+    # for a in unwrapped_args + grads:
+    #     if isinstance(a, Proxy):
+    #         bwd_si.args.append((a.name, None))
+    #     else:
+    #         pa = proxy(a)
+    #         bwd_si.args.append((pa.name, None))
+    # bwd_trace_impl = TraceCtx()
+    # for bsym in checkpoint_bwd_sym:
+    #     bwd_trace_impl.add_bound_symbol(bsym)
+    # bwd_trace_impl.add_bound_symbol(prims.python_return.bind(*unwrap(checkpoint_backward_result)[1], output=()))
+    # bwd_trace_impl._siginfo = bwd_si
+    # bwd_trace_impl.args = tuple(func + unwrapped_args + grads)
+
+    # @wraps(bwd_trace_impl.python_callable())
+    # def bwd_impl_callable(f, *args, **kwargs):
+    #     return thunder.core.trace_interpreter.interpret_trace(bwd_trace_impl, f, *args, **kwargs)
+
+    # @wraps(bwd_trace_callable_interface)
+    # def backward_impl(f, *args, **kwargs):
+    #     # check(not kwargs, lambda: f"{kwargs} expected to be empty")
+    #     # new_args = ctx_proxy.saved_consts + args
+    #     return bwd_impl_callable(f, *args, **kwargs)
+
+    # backward_impls[checkpoint_fwd_sym.name] = backward_impl
+    return forward_result
+
+    # It should be possible to call the general_thunder_jit here to handle the
+    # conversion from torch to thunder but it doesn't work now
+    # See https://github.com/Lightning-AI/lightning-thunder/issues/1126
+    # TODO: Convert the function to a Thunder function
+    # def thunder_function(*args, **kwargs):
+    #     return unwrap(function)(*args, **kwargs)
+
+    # wrapped_thunder_function = wrap_const(thunder_function)
+    # return interpreter_needs_wrap(checkpoint)(wrapped_thunder_function, *args, **kwargs)
+
+
 # Adds proxy methods
 # NOTE These methods map to themselves, which prevents the interpreter from looking into them
 #   This is OK because these methods are written in a tracing-safe manner, and trying to
diff --git a/thunder/core/pytree.py b/thunder/core/pytree.py
index 8bf2648ee5..4589789949 100644
--- a/thunder/core/pytree.py
+++ b/thunder/core/pytree.py
@@ -6,6 +6,7 @@
 import thunder.core.dtypes as dtypes
 import thunder.core.devices as devices
 from thunder.core.baseutils import ProxyInterface
+from types import FunctionType
 
 OPTREE_NAMESPACE = "thunder"
 
@@ -24,6 +25,7 @@ def tree_flatten(args, namespace=""):
     if (
         type(args)
         not in {
+            FunctionType,
             dict,
             list,
             str,
diff --git a/thunder/tests/test_grad.py b/thunder/tests/test_grad.py
index 3c964f5a62..13e0abcd6b 100644
--- a/thunder/tests/test_grad.py
+++ b/thunder/tests/test_grad.py
@@ -1673,6 +1673,49 @@ def func(a, b):
         get_saved_for_backward_tensors(execution_trace)
 
 
+def test_torch_checkpoint():
+    import torch.utils.checkpoint
+    import torch._higher_order_ops.wrap
+    from thunder.dynamo import ThunderCompiler
+
+    def fn_to_checkpoint(x):
+        # return x.sin()#.cos().exp()
+        return torch.sin(x)
+
+    checkpoint_fns = (
+        # torch.utils.checkpoint.checkpoint,
+        # thunder.torch.checkpoint,
+        partial(torch.utils.checkpoint.checkpoint, use_reentrant=False),
+        torch.ops.higher_order.tag_activation_checkpoint,
+    )
+
+    for checkpoint_fn in checkpoint_fns:
+
+        def f(x):
+            return checkpoint_fn(fn_to_checkpoint, x, use_reentrant=False)
+
+        x = make_tensor((2, 2), device="cpu", dtype=torch.float32, requires_grad=True)
+        # backend = ThunderCompiler()
+        # jf = torch.compile(backend=backend)(f)
+        jf = thunder.jit(f)
+        out = jf(x)
+        print(thunder.last_traces(jf)[0])
+        print(thunder.last_backward_traces(jf)[0])
+
+        # With activation checkpointing, we are saving only the original input.
+        # The intermediate values are recomputed during backward pass.
+        assert len(out.grad_fn.saved_tensors) == 1
+        assert out.grad_fn.saved_tensors[0] is x
+
+        g = torch.ones_like(out)
+        out.backward(g)
+
+        x_ref = x.detach().requires_grad_()
+        out_ref = fn_to_checkpoint(x_ref)
+        out_ref.backward(g)
+        torch.testing.assert_close(x.grad, x_ref.grad)
+
+
 def test_inconsistent_output_length_grad_transform():
     from thunder.extend import OperatorExecutor
     from thunder.core.proxies import AnyProxy, TensorProxy
diff --git a/thunder/torch/__init__.py b/thunder/torch/__init__.py
index 1308300be5..a065d7acb1 100644
--- a/thunder/torch/__init__.py
+++ b/thunder/torch/__init__.py
@@ -43,7 +43,7 @@
 )
 from thunder.core.pytree import tree_map, tree_flatten, tree_unflatten
 from thunder.core.symbol import Symbol
-from thunder.core.transforms import register_grad
+from thunder.core.transforms import register_grad, register_augmented_forward, register_backward
 from thunder.core.prims import get_grad, put_grad
 from thunder.core.baseutils import run_once
 import thunder
@@ -56,6 +56,8 @@
 
 # NOTE torch is a requirement
 import torch
+import torch.utils.checkpoint
+import torch._higher_order_ops.wrap
 
 import warnings
 
@@ -5152,6 +5154,71 @@ def _unwrap_if_dead(tensor):
 register_function(torch._C._functorch.unwrap_if_dead, _unwrap_if_dead)
 
 
+# @torchsymbol(
+#     torch.utils.checkpoint.checkpoint,
+#     torch.ops.higher_order.tag_activation_checkpoint,
+#     id="activation_checkpoint",
+# )
+# def checkpoint(
+#     function: Callable[..., TensorLike],
+#     *args: TensorLike,
+#     context_fn: None | Callable[..., Any] = None,
+#     debug: None | bool = None,
+#     determinism_check: None | str = None,
+#     preserve_rng_state: None | bool = None,
+#     use_reentrant: bool = False,
+#     **kwargs: Any,
+# ) -> TensorLike:
+#     utils.check(
+#         not use_reentrant,
+#         lambda: "torch.checkpoint: use_reentrant=True is not supported in Thunder",
+#     )
+#     # NOTE: Thunder currently ignores the context_fn, debug, determinism_check, preserve_rng_state arguments
+#     # Let's raise a warning if any of these arguments are passed
+#     if context_fn is not None:
+#         warnings.warn("torch.checkpoint: context_fn is not supported in Thunder and will be ignored")
+#     if debug is not None:
+#         warnings.warn("torch.checkpoint: debug is not supported in Thunder and will be ignored")
+#     if determinism_check is not None:
+#         warnings.warn("torch.checkpoint: determinism_check is not supported in Thunder and will be ignored")
+#     if preserve_rng_state is not None:
+#         warnings.warn("torch.checkpoint: preserve_rng_state is not supported in Thunder and will be ignored")
+#     return function(*args, **kwargs)
+
+
+# @register_augmented_forward(
+#     "activation_checkpoint",
+# )
+# def _augmented_forward_checkpoint(
+#     function: Callable[..., TensorLike],
+#     *args: TensorLike,
+#     # context_fn: None | Callable[..., Any] = None,
+#     # debug: None | bool = None,
+#     # determinism_check: None | str = None,
+#     # preserve_rng_state: None | bool = None,
+#     # use_reentrant: bool = False,
+#     **kwargs: Any,
+# ) -> TensorLike:
+#     result = function(*args, **kwargs)
+#     saved_for_backward = (function, args, kwargs)
+#     return result, saved_for_backward
+
+
+# @register_backward(
+#     "activation_checkpoint",
+# )
+# def _backward_checkpoint(
+#     function,
+#     args,
+#     kwargs,
+#     *grad_outputs,
+# ) -> tuple[None | TensorLike, ...]:
+#     from thunder.core.transforms import vjp
+
+#     result, grad = vjp(function)(args, grad_outputs, **kwargs)
+#     return grad #result
+
+
 #
 # Distributed operations
 #