WARTCHOW, F. (Universidade Federal da Paraiba, Departamento de Sistematica e Ecologia, CEP: 58051-970, Joao Pessoa, PB, BRAZIL), R. M. B. SILVEIRA (Universidade Federal do Rio Grande do Sul, Departamento de Botanica, Av. Bento Goncalves 9500, CEP: 91501-970, Porto Alegre, RS, BRAZIL), M. C. A. SA (Universidade Federal do Rio Grande do Norte, Pos Graduacao em Sistematica e Evolucao, Campus Universitario, Lagoa Nova, CEP: 59072-970, Natal, RN, BRAZIL). Inocybe austrolilacina (Agaricales), a new species from Southern Brazil. J. Torrey Bot. Soc. 141: 363-366. 2014.-Inocybe austrolilacina is described here from Atlantic Forest of Rio Grande do Sul, South Brazil. Its most prominent features are a small lilac pileus and stipe, metuloid hymenial cystidia, small nodulose basidiospores, and lack of caulocystidia. A description, discussion, photograph, and drawings of micromorphological features of this species are provided.