diff --git a/airflow/models/xcom_arg.py b/airflow/models/xcom_arg.py
index 224e633172d22..6696d30cc5d6f 100644
--- a/airflow/models/xcom_arg.py
+++ b/airflow/models/xcom_arg.py
@@ -370,6 +370,13 @@ def resolve(self, context: Context, session: Session = NEW_SESSION) -> Any:
             return result
         if self.key == XCOM_RETURN_KEY:
             return None
+        if self.operator.multiple_outputs:  # type: ignore
+            # If the operator is set to have multiple outputs and it was not executed,
+            # we should return "None" instead of showing an error. This is because when
+            # multiple outputs XComs are created, the XCom keys associated with them will have
+            # different names than the predefined "XCOM_RETURN_KEY" and won't be found.
+            # Therefore, it's better to return "None" like we did above where self.key==XCOM_RETURN_KEY.
+            return None
         raise XComNotFound(ti.dag_id, task_id, self.key)
 
 
diff --git a/tests/decorators/test_python.py b/tests/decorators/test_python.py
index 9ffbffaa0a765..2c877c60a7f8a 100644
--- a/tests/decorators/test_python.py
+++ b/tests/decorators/test_python.py
@@ -18,14 +18,14 @@
 import sys
 from collections import namedtuple
 from datetime import date, timedelta
-from typing import TYPE_CHECKING, Dict, Tuple
+from typing import TYPE_CHECKING, Dict, Tuple, Union
 
 import pytest
 
 from airflow import PY38, PY311
 from airflow.decorators import setup, task as task_decorator, teardown
 from airflow.decorators.base import DecoratedMappedOperator
-from airflow.exceptions import AirflowException
+from airflow.exceptions import AirflowException, XComNotFound
 from airflow.models import DAG
 from airflow.models.baseoperator import BaseOperator
 from airflow.models.expandinput import DictOfListsExpandInput
@@ -804,6 +804,49 @@ def down(a, b):
     assert result == "'example' None"
 
 
+@pytest.mark.parametrize("multiple_outputs", [True, False])
+def test_multiple_outputs_produces_none_xcom_when_task_is_skipped(dag_maker, session, multiple_outputs):
+    from airflow.exceptions import AirflowSkipException
+    from airflow.utils.trigger_rule import TriggerRule
+
+    result = None
+
+    with dag_maker(session=session) as dag:
+
+        @dag.task()
+        def up1() -> str:
+            return "example"
+
+        @dag.task(multiple_outputs=multiple_outputs)
+        def up2(x) -> Union[dict, None]:
+            if x == 2:
+                return {"x": "example"}
+            raise AirflowSkipException()
+
+        @dag.task(trigger_rule=TriggerRule.NONE_FAILED_MIN_ONE_SUCCESS)
+        def down(a, b):
+            nonlocal result
+            result = f"{a!r} {b!r}"
+
+        down(up1(), up2(1)["x"])
+
+    dr = dag_maker.create_dagrun()
+
+    decision = dr.task_instance_scheduling_decisions(session=session)
+    assert len(decision.schedulable_tis) == 2  # "up1" and "up2"
+    for ti in decision.schedulable_tis:
+        ti.run(session=session)
+
+    decision = dr.task_instance_scheduling_decisions(session=session)
+    assert len(decision.schedulable_tis) == 1  # "down"
+    if multiple_outputs:
+        decision.schedulable_tis[0].run(session=session)
+        assert result == "'example' None"
+    else:
+        with pytest.raises(XComNotFound):
+            decision.schedulable_tis[0].run(session=session)
+
+
 @pytest.mark.filterwarnings("error")
 def test_no_warnings(reset_logging_config, caplog):
     @task_decorator