diff --git a/Library/Homebrew/formulary.rb b/Library/Homebrew/formulary.rb
index 19316cd98ae40..13dccfb851d72 100644
--- a/Library/Homebrew/formulary.rb
+++ b/Library/Homebrew/formulary.rb
@@ -906,9 +906,10 @@ def self.tap_formula_name_type(tapped_name, warn:)
     user, repo, name = tapped_name.split("/", 3).map(&:downcase)
     tap = Tap.fetch user, repo
     type = nil
+    alias_name = tap.core_tap? ? name : "#{tap}/#{name}"
 
-    if (possible_alias = tap.alias_table[name].presence)
-      name = possible_alias
+    if (possible_alias = tap.alias_table[alias_name].presence)
+      name = possible_alias.split("/").last
       type = :alias
     elsif (new_name = tap.formula_renames[name].presence)
       old_name = name
@@ -942,8 +943,7 @@ def self.tap_loader_for(tapped_name, warn:)
 
     if tap.core_tap? && !Homebrew::EnvConfig.no_install_from_api?
       if type == :alias
-        alias_name = tapped_name[HOMEBREW_TAP_FORMULA_REGEX, 3]
-        return AliasAPILoader.new(alias_name)
+        return AliasAPILoader.new(name)
       elsif Homebrew::API::Formula.all_formulae.key?(name)
         return FormulaAPILoader.new(name)
       end
diff --git a/Library/Homebrew/test/formulary_spec.rb b/Library/Homebrew/test/formulary_spec.rb
index 9cb4b64b80324..d7d056a406b1d 100644
--- a/Library/Homebrew/test/formulary_spec.rb
+++ b/Library/Homebrew/test/formulary_spec.rb
@@ -243,6 +243,13 @@ class Wrong#{described_class.class_s(formula_name)} < Formula
         expect(described_class.factory("bar")).to be_a(Formula)
       end
 
+      it "returns a Formula from a fully qualified Alias path" do
+        alias_dir = tap.path/"Aliases"
+        alias_dir.mkpath
+        FileUtils.ln_s formula_path, alias_dir/"bar"
+        expect(described_class.factory("#{tap}/bar")).to be_a(Formula)
+      end
+
       it "raises an error when the Formula cannot be found" do
         expect do
           described_class.factory("#{tap}/not_existed_formula")