The purpose of the current study was to investigate the effects of B₀ and linear eddy currents on ultrashort echo time double echo steady state (UTE‐DESS) imaging and to determine whether eddy current correction (ECC) effectively resolves imaging artifacts caused by eddy currents. 3D UTE‐DESS sequences based on either projection radial or spiral cones trajectories were implemented on a 3‐T clinical MR scanner. An off‐isocentered thin‐slice excitation approach was used to measure eddy currents. The measurements were repeated four times using two sets of tested gradient waveforms with opposite polarities and two different slice locations to measure B₀ and linear eddy currents simultaneously. Computer simulation was performed to investigate the eddy current effect. Finally, a phantom experiment, an ex vivo experiment with human synovium and ankle samples, and an in vivo experiment with human knee joints, were performed to demonstrate the effects of eddy currents and ECC in UTE‐DESS imaging. In a computer simulation, the two echoes (S+ and S‐) in UTE‐DESS imaging exhibited strong distortion at different orientations in the presence of B₀ and linear eddy currents, resulting in both image degradation as well as misalignment of pixel location between the two echoes. The same phenomenon was observed in the phantom, ex vivo, and in vivo experiments, where the presence of eddy currents degraded S+, S‐, echo subtraction images, and T₂ maps. The implementation of ECC dramatically improved both the image quality and image registration between the S+ and S‐ echoes. It was concluded that ECC is crucial for reliable morphological and quantitative UTE‐DESS imaging.