The invention provides a taraxacum oral liquid for expelling toxin, dehumidifying and benefiting gallbladder. The taraxacum oral liquid comprises the following active pharmaceutical ingredients in parts by weight: 10-50 parts of taraxacum, 10-20 parts of herba artemisiae scopariae, 10-20 parts of rabdosia serra, 10-20 parts of selfheal, 10-20 parts of radix bupleuri, 10-20 parts of radix paeoniae alba, 10-20 parts of corn silk, 10-20 parts of lalang grass rhizome, 10-20 parts of giant knotweed, 10-20 parts of euphrasia pectinata, 10-20 parts of scutellaria barbata, 10-20 parts of sedum sarmentosum, 10-20 parts of leonurus, 10-20 parts of trichosanthes kirilowi, 10-20 parts of cape jasmine fruit, 10-20 parts of herba ecliptae, 10-20 parts of polygonatum sibiricum, 10-20 parts of portulaca oleracea, 10-20 parts of radix rehmanniae, 10-20 parts of indigowoad root and 10-20 parts of lysimachia christinae Hance. The taraxacum oral liquid and the preparation method have the advantages that the traditional Chinese medicine extraction technology is greatly improved, so that toxic components in such Chinese herbs can be reduced to minimum, the taraxacum oral liquid can be absorbed by the human body, and the utilization ratio can be greatly improved.