diff --git a/src/rpcwallet.cpp b/src/rpcwallet.cpp
index a72c254e..7aae9ddb 100644
--- a/src/rpcwallet.cpp
+++ b/src/rpcwallet.cpp
@@ -968,6 +968,13 @@ Value listreceivedbyaccount(const Array& params, bool fHelp)
     return ListReceived(params, true);
 }
 
+static void MaybePushAddress(Object & entry, const CTxDestination &dest)
+{
+    CBitcoinAddress addr;
+    if (addr.Set(dest))
+        entry.push_back(Pair("address", addr.ToString()));
+}
+
 void ListTransactions(const CWalletTx& wtx, const string& strAccount, int nMinDepth, bool fLong, Array& ret)
 {
     int64 nFee;
@@ -986,7 +993,7 @@ void ListTransactions(const CWalletTx& wtx, const string& strAccount, int nMinDe
         {
             Object entry;
             entry.push_back(Pair("account", strSentAccount));
-            entry.push_back(Pair("address", CBitcoinAddress(s.first).ToString()));
+            MaybePushAddress(entry, s.first);
             entry.push_back(Pair("category", "send"));
             entry.push_back(Pair("amount", ValueFromAmount(-s.second)));
             entry.push_back(Pair("fee", ValueFromAmount(-nFee)));
@@ -1008,7 +1015,7 @@ void ListTransactions(const CWalletTx& wtx, const string& strAccount, int nMinDe
             {
                 Object entry;
                 entry.push_back(Pair("account", account));
-                entry.push_back(Pair("address", CBitcoinAddress(r.first).ToString()));
+                MaybePushAddress(entry, r.first);
                 if (wtx.IsCoinBase())
                 {
                     if (wtx.GetDepthInMainChain() < 1)
diff --git a/src/wallet.cpp b/src/wallet.cpp
index 34949854..a7a2992b 100644
--- a/src/wallet.cpp
+++ b/src/wallet.cpp
@@ -654,22 +654,35 @@ void CWalletTx::GetAmounts(list<pair<CTxDestination, int64> >& listReceived,
     // Sent/received.
     BOOST_FOREACH(const CTxOut& txout, vout)
     {
+        bool fIsMine;
+        // Only need to handle txouts if AT LEAST one of these is true:
+        //   1) they debit from us (sent)
+        //   2) the output is to us (received)
+        if (nDebit > 0)
+        {
+            // Don't report 'change' txouts
+            if (pwallet->IsChange(txout))
+                continue;
+            fIsMine = pwallet->IsMine(txout);
+        }
+        else if (!(fIsMine = pwallet->IsMine(txout)))
+            continue;
+
+        // In either case, we need to get the destination address
         CTxDestination address;
-        vector<unsigned char> vchPubKey;
         if (!ExtractDestination(txout.scriptPubKey, address))
         {
             LogPrintf("CWalletTx::GetAmounts: Unknown transaction type found, txid %s\n",
                      this->GetHash().ToString().c_str());
+            address = CNoDestination();
         }
 
-        // Don't report 'change' txouts
-        if (nDebit > 0 && pwallet->IsChange(txout))
-            continue;
-
+        // If we are debited by the transaction, add the output as a "sent" entry
         if (nDebit > 0)
             listSent.push_back(make_pair(address, txout.nValue));
 
-        if (pwallet->IsMine(txout))
+        // If we are receiving the output, add it as a "received" entry
+        if (fIsMine)
             listReceived.push_back(make_pair(address, txout.nValue));
     }