It was formed in June 1942 as the 1st Rifle Division (1st formation) and was converted into the 58th Guards Rifle Division at the end of the year for its actions in Operation Little Saturn. Advancing into Ukraine, the division participated in the Third Battle of Kharkov in early 1943. From midyear it fought in the Belgorod–Kharkov Offensive, the Battle of the Dnieper, and the Dnieper–Carpathian Offensive, receiving the honorific Krasnograd for its capture of that city and the Order of the Red Banner. After capturing the Sandomierz bridgehead at the end of the Lvov–Sandomierz Offensive, the division fought in the Sandomierz–Silesian Offensive in January 1945, receiving the Order of Suvorov for its crossing of the Oder. It was the first to meet American forces on the Elbe during the Berlin Offensive on 25 April 1945, receiving the Order of Lenin. For its actions in the Prague Offensive at the end of the war, the division was awarded the name of Prague as an honorific. It was disbanded a little more than a year after the end of the war.