A method provides current limitation in the event of transient voltage variations at an AC output of a multilevel inverter that includes a bridge circuit with a first DC input, a second DC input, a neutral terminal and a bridge output, as well as a line filter with a choke connected between the bridge output and the AC output, and a capacitor connected between the AC output and the neutral terminal. In the method, depending on the voltage at the capacitor, when a first current threshold is exceeded by the choke current, a regular operating mode is interrupted and measures for current limitation are initiated. A multilevel inverter is further disclosed including a control circuit that is configured to carry out such a method.