diff --git a/inline_entity_form.module b/inline_entity_form.module
index 5922e0b..713c364 100644
--- a/inline_entity_form.module
+++ b/inline_entity_form.module
@@ -544,6 +544,18 @@ function inline_entity_form_field_widget_form(&$form, &$form_state, $field, $ins
       'allowed_bundles' => $settings['bundles'],
     );
     drupal_alter('inline_entity_form_table_fields', $fields, $context);
+
+    // Prepare render arguments for fields with render callback.
+    foreach ($fields as $field_name => &$field) {
+      if (isset($field['render_callback'])) {
+        $fields[$field_name]['render_arguments'] = array(
+          'entity_type' => $settings['entity_type'],
+          'entity' => NULL,
+          'context' => $context,
+        );
+      }
+    }
+
     $element['entities']['#table_fields'] = $fields;
 
     foreach ($form_state['inline_entity_form'][$ief_id]['entities'] as $key => $value) {
@@ -1695,7 +1707,10 @@ function theme_inline_entity_form_entity_table($variables) {
         $data = drupal_render($renderable_data);
       }
       elseif ($field['type'] == 'callback' && isset($field['render_callback']) && function_exists($field['render_callback'])) {
-        $data = call_user_func($field['render_callback'], $entity_type, $entity);
+        // Override entity entry with current entity.
+        $field['render_arguments']['entity'] = $entity;
+
+        $data = call_user_func_array($field['render_callback'], $field['render_arguments']);
       }
 
       $cells[] = array('data' => $data, 'class' => array('inline-entity-form-' . $entity_type . '-' . $field_name));