diff --git a/Doc/library/fileinput.rst b/Doc/library/fileinput.rst
index cc4039a..8196400 100644
--- a/Doc/library/fileinput.rst
+++ b/Doc/library/fileinput.rst
@@ -18,7 +18,7 @@
 The typical use is::
 
    import fileinput
-   for line in fileinput.input():
+   for line in fileinput.input(encoding="utf-8"):
        process(line)
 
 This iterates over the lines of all files listed in ``sys.argv[1:]``, defaulting
@@ -49,13 +49,14 @@
 You can control how files are opened by providing an opening hook via the
 *openhook* parameter to :func:`fileinput.input` or :class:`FileInput()`. The
 hook must be a function that takes two arguments, *filename* and *mode*, and
-returns an accordingly opened file-like object. Two useful hooks are already
-provided by this module.
+returns an accordingly opened file-like object. If *encoding* and/or *errors*
+are specified, they will be passed to the hook as aditional keyword arguments.
+This module provides a :func:`hook_encoded` to support compressed files.
 
 The following function is the primary interface of this module:
 
 
-.. function:: input(files=None, inplace=False, backup='', *, mode='r', openhook=None)
+.. function:: input(files=None, inplace=False, backup='', *, mode='r', openhook=None, encoding=None, errors=None)
 
    Create an instance of the :class:`FileInput` class.  The instance will be used
    as global state for the functions of this module, and is also returned to use
@@ -66,7 +67,7 @@
    :keyword:`with` statement.  In this example, *input* is closed after the
    :keyword:`!with` statement is exited, even if an exception occurs::
 
-      with fileinput.input(files=('spam.txt', 'eggs.txt')) as f:
+      with fileinput.input(files=('spam.txt', 'eggs.txt'), encoding="utf-8") as f:
           for line in f:
               process(line)
 
@@ -76,6 +77,9 @@
    .. versionchanged:: 3.8
       The keyword parameters *mode* and *openhook* are now keyword-only.
 
+   .. versionchanged:: 3.10
+      The keyword-only parameter *encoding* and *errors* are added.
+
 
 The following functions use the global state created by :func:`fileinput.input`;
 if there is no active state, :exc:`RuntimeError` is raised.
@@ -137,7 +141,7 @@
 available for subclassing as well:
 
 
-.. class:: FileInput(files=None, inplace=False, backup='', *, mode='r', openhook=None)
+.. class:: FileInput(files=None, inplace=False, backup='', *, mode='r', openhook=None, encoding=None, errors=None)
 
    Class :class:`FileInput` is the implementation; its methods :meth:`filename`,
    :meth:`fileno`, :meth:`lineno`, :meth:`filelineno`, :meth:`isfirstline`,
@@ -155,6 +159,8 @@
    *filename* and *mode*, and returns an accordingly opened file-like object. You
    cannot use *inplace* and *openhook* together.
 
+   You can specify *encoding* and *errors* that is passed to :func:`open` or *openhook*.
+
    A :class:`FileInput` instance can be used as a context manager in the
    :keyword:`with` statement.  In this example, *input* is closed after the
    :keyword:`!with` statement is exited, even if an exception occurs::
@@ -162,7 +168,6 @@
       with FileInput(files=('spam.txt', 'eggs.txt')) as input:
           process(input)
 
-
    .. versionchanged:: 3.2
       Can be used as a context manager.
 
@@ -175,6 +180,8 @@
    .. versionchanged:: 3.8
       The keyword parameter *mode* and *openhook* are now keyword-only.
 
+   .. versionchanged:: 3.10
+      The keyword-only parameter *encoding* and *errors* are added.
 
 
 **Optional in-place filtering:** if the keyword argument ``inplace=True`` is
@@ -191,14 +198,20 @@
 
 The two following opening hooks are provided by this module:
 
-.. function:: hook_compressed(filename, mode)
+.. function:: hook_compressed(filename, mode, *, encoding=None, errors=None)
 
    Transparently opens files compressed with gzip and bzip2 (recognized by the
    extensions ``'.gz'`` and ``'.bz2'``) using the :mod:`gzip` and :mod:`bz2`
    modules.  If the filename extension is not ``'.gz'`` or ``'.bz2'``, the file is
    opened normally (ie, using :func:`open` without any decompression).
 
-   Usage example:  ``fi = fileinput.FileInput(openhook=fileinput.hook_compressed)``
+   The *encoding* and *errors* values are passed to to :class:`io.TextIOWrapper`
+   for compressed files and open for normal files.
+
+   Usage example:  ``fi = fileinput.FileInput(openhook=fileinput.hook_compressed, encoding="utf-8")``
+
+   .. versionchanged:: 3.10
+      The keyword-only parameter *encoding* and *errors* are added.
 
 
 .. function:: hook_encoded(encoding, errors=None)
@@ -212,3 +225,7 @@
 
    .. versionchanged:: 3.6
       Added the optional *errors* parameter.
+
+   .. deprecated:: 3.10
+      This function is deprecated since :func:`input` and :class:`FileInput`
+      now have *encoding* and *errors* parameters.
diff --git a/Doc/whatsnew/3.10.rst b/Doc/whatsnew/3.10.rst
index b6e954c..21f9128 100644
--- a/Doc/whatsnew/3.10.rst
+++ b/Doc/whatsnew/3.10.rst
@@ -760,6 +760,17 @@
 module constants have a :func:`repr` of ``module_name.member_name``.
 (Contributed by Ethan Furman in :issue:`40066`.)
 
+fileinput
+---------
+
+Added *encoding* and *errors* parameters in :func:`fileinput.input` and
+:class:`fileinput.FileInput`.
+(Contributed by Inada Naoki in :issue:`43712`.)
+
+:func:`fileinput.hook_compressed` now returns :class:`TextIOWrapper` object
+when *mode* is "r" and file is compressed, like uncompressed files.
+(Contributed by Inada Naoki in :issue:`5758`.)
+
 gc
 --
 
diff --git a/Lib/fileinput.py b/Lib/fileinput.py
index 0c31f93..6218c4f 100644
--- a/Lib/fileinput.py
+++ b/Lib/fileinput.py
@@ -3,7 +3,7 @@
 Typical use is:
 
     import fileinput
-    for line in fileinput.input():
+    for line in fileinput.input(encoding="utf-8"):
         process(line)
 
 This iterates over the lines of all files listed in sys.argv[1:],
@@ -63,15 +63,9 @@
 deleted when the output file is closed.  In-place filtering is
 disabled when standard input is read.  XXX The current implementation
 does not work for MS-DOS 8+3 filesystems.
-
-XXX Possible additions:
-
-- optional getopt argument processing
-- isatty()
-- read(), read(size), even readlines()
-
 """
 
+import io
 import sys, os
 from types import GenericAlias
 
@@ -81,7 +75,8 @@
 
 _state = None
 
-def input(files=None, inplace=False, backup="", *, mode="r", openhook=None):
+def input(files=None, inplace=False, backup="", *, mode="r", openhook=None,
+          encoding=None, errors=None):
     """Return an instance of the FileInput class, which can be iterated.
 
     The parameters are passed to the constructor of the FileInput class.
@@ -91,7 +86,8 @@ def input(files=None, inplace=False, backup="", *, mode="r", openhook=None):
     global _state
     if _state and _state._file:
         raise RuntimeError("input() already active")
-    _state = FileInput(files, inplace, backup, mode=mode, openhook=openhook)
+    _state = FileInput(files, inplace, backup, mode=mode, openhook=openhook,
+                       encoding=encoding, errors=errors)
     return _state
 
 def close():
@@ -186,7 +182,7 @@ class FileInput:
     """
 
     def __init__(self, files=None, inplace=False, backup="", *,
-                 mode="r", openhook=None):
+                 mode="r", openhook=None, encoding=None, errors=None):
         if isinstance(files, str):
             files = (files,)
         elif isinstance(files, os.PathLike):
@@ -209,6 +205,16 @@ def __init__(self, files=None, inplace=False, backup="", *,
         self._file = None
         self._isstdin = False
         self._backupfilename = None
+        self._encoding = encoding
+        self._errors = errors
+
+        # We can not use io.text_encoding() here because old openhook doesn't
+        # take encoding parameter.
+        if "b" not in mode and encoding is None and sys.flags.warn_default_encoding:
+            import warnings
+            warnings.warn("'encoding' argument not specified.",
+                          EncodingWarning, 2)
+
         # restrict mode argument to reading modes
         if mode not in ('r', 'rU', 'U', 'rb'):
             raise ValueError("FileInput opening mode must be one of "
@@ -362,9 +368,20 @@ def _readline(self):
             else:
                 # This may raise OSError
                 if self._openhook:
-                    self._file = self._openhook(self._filename, self._mode)
+                    # Custom hooks made previous to Python 3.10 didn't have
+                    # encoding argument
+                    if self._encoding is None:
+                        self._file = self._openhook(self._filename, self._mode)
+                    else:
+                        self._file = self._openhook(
+                            self._filename, self._mode, encoding=self._encoding, errors=self._errors)
                 else:
-                    self._file = open(self._filename, self._mode)
+                    # EncodingWarning is emitted in __init__() already
+                    if "b" not in self._mode:
+                        encoding = self._encoding or "locale"
+                    else:
+                        encoding = None
+                    self._file = open(self._filename, self._mode, encoding=encoding, errors=self._errors)
         self._readline = self._file.readline  # hide FileInput._readline
         return self._readline()
 
@@ -395,16 +412,23 @@ def isstdin(self):
     __class_getitem__ = classmethod(GenericAlias)
 
 
-def hook_compressed(filename, mode):
+def hook_compressed(filename, mode, *, encoding=None, errors=None):
+    if encoding is None:  # EncodingWarning is emitted in FileInput() already.
+        encoding = "locale"
     ext = os.path.splitext(filename)[1]
     if ext == '.gz':
         import gzip
-        return gzip.open(filename, mode)
+        stream = gzip.open(filename, mode)
     elif ext == '.bz2':
         import bz2
-        return bz2.BZ2File(filename, mode)
+        stream = bz2.BZ2File(filename, mode)
     else:
-        return open(filename, mode)
+        return open(filename, mode, encoding=encoding, errors=errors)
+
+    # gzip and bz2 are binary mode by default.
+    if "b" not in mode:
+        stream = io.TextIOWrapper(stream, encoding=encoding, errors=errors)
+    return stream
 
 
 def hook_encoded(encoding, errors=None):
diff --git a/Lib/test/test_fileinput.py b/Lib/test/test_fileinput.py
index d5edf74..d01d3962 100644
--- a/Lib/test/test_fileinput.py
+++ b/Lib/test/test_fileinput.py
@@ -2,6 +2,7 @@
 Tests for fileinput module.
 Nick Mathewson
 '''
+import io
 import os
 import sys
 import re
@@ -238,7 +239,7 @@ def test_opening_mode(self):
         # try opening in universal newline mode
         t1 = self.writeTmp(b"A\nB\r\nC\rD", mode="wb")
         with warnings_helper.check_warnings(('', DeprecationWarning)):
-            fi = FileInput(files=t1, mode="U")
+            fi = FileInput(files=t1, mode="U", encoding="utf-8")
         with warnings_helper.check_warnings(('', DeprecationWarning)):
             lines = list(fi)
         self.assertEqual(lines, ["A\n", "B\n", "C\n", "D"])
@@ -278,7 +279,7 @@ def test_file_opening_hook(self):
         class CustomOpenHook:
             def __init__(self):
                 self.invoked = False
-            def __call__(self, *args):
+            def __call__(self, *args, **kargs):
                 self.invoked = True
                 return open(*args)
 
@@ -334,6 +335,14 @@ def test_inplace_binary_write_mode(self):
         with open(temp_file, 'rb') as f:
             self.assertEqual(f.read(), b'New line.')
 
+    def test_file_hook_backward_compatibility(self):
+        def old_hook(filename, mode):
+            return io.StringIO("I used to receive only filename and mode")
+        t = self.writeTmp("\n")
+        with FileInput([t], openhook=old_hook) as fi:
+            result = fi.readline()
+        self.assertEqual(result, "I used to receive only filename and mode")
+
     def test_context_manager(self):
         t1 = self.writeTmp("A\nB\nC")
         t2 = self.writeTmp("D\nE\nF")
@@ -529,12 +538,14 @@ class MockFileInput:
     """A class that mocks out fileinput.FileInput for use during unit tests"""
 
     def __init__(self, files=None, inplace=False, backup="", *,
-                 mode="r", openhook=None):
+                 mode="r", openhook=None, encoding=None, errors=None):
         self.files = files
         self.inplace = inplace
         self.backup = backup
         self.mode = mode
         self.openhook = openhook
+        self.encoding = encoding
+        self.errors = errors
         self._file = None
         self.invocation_counts = collections.defaultdict(lambda: 0)
         self.return_values = {}
@@ -637,10 +648,11 @@ def do_test_call_input(self):
         backup = object()
         mode = object()
         openhook = object()
+        encoding = object()
 
         # call fileinput.input() with different values for each argument
         result = fileinput.input(files=files, inplace=inplace, backup=backup,
-            mode=mode, openhook=openhook)
+            mode=mode, openhook=openhook, encoding=encoding)
 
         # ensure fileinput._state was set to the returned object
         self.assertIs(result, fileinput._state, "fileinput._state")
@@ -863,11 +875,15 @@ def test_state_is_not_None(self):
         self.assertIs(fileinput._state, instance)
 
 class InvocationRecorder:
+
     def __init__(self):
         self.invocation_count = 0
+
     def __call__(self, *args, **kwargs):
         self.invocation_count += 1
         self.last_invocation = (args, kwargs)
+        return io.BytesIO(b'some bytes')
+
 
 class Test_hook_compressed(unittest.TestCase):
     """Unit tests for fileinput.hook_compressed()"""
@@ -886,33 +902,43 @@ def test_gz_ext_fake(self):
         original_open = gzip.open
         gzip.open = self.fake_open
         try:
-            result = fileinput.hook_compressed("test.gz", 3)
+            result = fileinput.hook_compressed("test.gz", "3")
         finally:
             gzip.open = original_open
 
         self.assertEqual(self.fake_open.invocation_count, 1)
-        self.assertEqual(self.fake_open.last_invocation, (("test.gz", 3), {}))
+        self.assertEqual(self.fake_open.last_invocation, (("test.gz", "3"), {}))
+
+    @unittest.skipUnless(gzip, "Requires gzip and zlib")
+    def test_gz_with_encoding_fake(self):
+        original_open = gzip.open
+        gzip.open = lambda filename, mode: io.BytesIO(b'Ex-binary string')
+        try:
+            result = fileinput.hook_compressed("test.gz", "3", encoding="utf-8")
+        finally:
+            gzip.open = original_open
+        self.assertEqual(list(result), ['Ex-binary string'])
 
     @unittest.skipUnless(bz2, "Requires bz2")
     def test_bz2_ext_fake(self):
         original_open = bz2.BZ2File
         bz2.BZ2File = self.fake_open
         try:
-            result = fileinput.hook_compressed("test.bz2", 4)
+            result = fileinput.hook_compressed("test.bz2", "4")
         finally:
             bz2.BZ2File = original_open
 
         self.assertEqual(self.fake_open.invocation_count, 1)
-        self.assertEqual(self.fake_open.last_invocation, (("test.bz2", 4), {}))
+        self.assertEqual(self.fake_open.last_invocation, (("test.bz2", "4"), {}))
 
     def test_blah_ext(self):
-        self.do_test_use_builtin_open("abcd.blah", 5)
+        self.do_test_use_builtin_open("abcd.blah", "5")
 
     def test_gz_ext_builtin(self):
-        self.do_test_use_builtin_open("abcd.Gz", 6)
+        self.do_test_use_builtin_open("abcd.Gz", "6")
 
     def test_bz2_ext_builtin(self):
-        self.do_test_use_builtin_open("abcd.Bz2", 7)
+        self.do_test_use_builtin_open("abcd.Bz2", "7")
 
     def do_test_use_builtin_open(self, filename, mode):
         original_open = self.replace_builtin_open(self.fake_open)
@@ -923,7 +949,7 @@ def do_test_use_builtin_open(self, filename, mode):
 
         self.assertEqual(self.fake_open.invocation_count, 1)
         self.assertEqual(self.fake_open.last_invocation,
-                         ((filename, mode), {}))
+                         ((filename, mode), {'encoding': 'locale', 'errors': None}))
 
     @staticmethod
     def replace_builtin_open(new_open_func):
diff --git a/Misc/ACKS b/Misc/ACKS
index 42f0efd..2502ba8 100644
--- a/Misc/ACKS
+++ b/Misc/ACKS
@@ -33,6 +33,7 @@
 Akira
 Yaniv Aknin
 Jyrki Alakuijala
+Tatiana Al-Chueyr
 Steve Alexander
 Fred Allen
 Jeff Allen
diff --git a/Misc/NEWS.d/next/Library/2021-04-08-12-25-08.bpo-43712.f8WXCX.rst b/Misc/NEWS.d/next/Library/2021-04-08-12-25-08.bpo-43712.f8WXCX.rst
new file mode 100644
index 0000000..d11df0d
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2021-04-08-12-25-08.bpo-43712.f8WXCX.rst
@@ -0,0 +1,2 @@
+Add ``encoding`` and ``errors`` parameters to :func:`fileinput.input` and
+:class:`fileinput.FileInput`.