diff --git a/qa/rpc-tests/abandonconflict.py b/qa/rpc-tests/abandonconflict.py
index 38028df079..a83aa97fcd 100755
--- a/qa/rpc-tests/abandonconflict.py
+++ b/qa/rpc-tests/abandonconflict.py
@@ -83,6 +83,12 @@ class AbandonConflictTest(BitcoinTestFramework):
         # inputs are still spent, but change not received
         newbalance = self.nodes[0].getbalance()
         assert(newbalance == balance - Decimal("24.9996"))
+        # Unconfirmed received funds that are not in mempool, also shouldn't show
+        # up in unconfirmed balance
+        unconfbalance = self.nodes[0].getunconfirmedbalance() + self.nodes[0].getbalance()
+        assert(unconfbalance == newbalance)
+        # Also shouldn't show up in listunspent
+        assert(not txABC2 in [utxo["txid"] for utxo in self.nodes[0].listunspent(0)])
         balance = newbalance
 
         # Abandon original transaction and verify inputs are available again
diff --git a/src/wallet/wallet.cpp b/src/wallet/wallet.cpp
index 1ef055e552..f1e61c710f 100644
--- a/src/wallet/wallet.cpp
+++ b/src/wallet/wallet.cpp
@@ -1578,7 +1578,7 @@ CAmount CWallet::GetUnconfirmedBalance() const
         for (map<uint256, CWalletTx>::const_iterator it = mapWallet.begin(); it != mapWallet.end(); ++it)
         {
             const CWalletTx* pcoin = &(*it).second;
-            if (!CheckFinalTx(*pcoin) || (!pcoin->IsTrusted() && pcoin->GetDepthInMainChain() == 0))
+            if (!pcoin->IsTrusted() && pcoin->GetDepthInMainChain() == 0 && pcoin->InMempool())
                 nTotal += pcoin->GetAvailableCredit();
         }
     }
@@ -1623,7 +1623,7 @@ CAmount CWallet::GetUnconfirmedWatchOnlyBalance() const
         for (map<uint256, CWalletTx>::const_iterator it = mapWallet.begin(); it != mapWallet.end(); ++it)
         {
             const CWalletTx* pcoin = &(*it).second;
-            if (!CheckFinalTx(*pcoin) || (!pcoin->IsTrusted() && pcoin->GetDepthInMainChain() == 0))
+            if (!pcoin->IsTrusted() && pcoin->GetDepthInMainChain() == 0 && pcoin->InMempool())
                 nTotal += pcoin->GetAvailableWatchOnlyCredit();
         }
     }
@@ -1668,6 +1668,11 @@ void CWallet::AvailableCoins(vector<COutput>& vCoins, bool fOnlyConfirmed, const
             if (nDepth < 0)
                 continue;
 
+            // We should not consider coins which aren't at least in our mempool
+            // It's possible for these to be conflicted via ancestors which we may never be able to detect
+            if (nDepth == 0 && !pcoin->InMempool())
+                continue;
+
             for (unsigned int i = 0; i < pcoin->vout.size(); i++) {
                 isminetype mine = IsMine(pcoin->vout[i]);
                 if (!(IsSpent(wtxid, i)) && mine != ISMINE_NO &&