diff --git a/internal/command/select_test.go b/internal/command/select_test.go
index b584bcfc..cc8b6bf5 100644
--- a/internal/command/select_test.go
+++ b/internal/command/select_test.go
@@ -175,4 +175,33 @@ c: bar`)),
 		nil,
 		nil,
 	))
+
+	t.Run("Issue316", runTest(
+		[]string{"-r", "json"},
+		[]byte(`{
+  "a": "alice",
+  "b": null,
+  "c": [
+    {
+      "d": 9,
+      "e": null
+    },
+    null
+  ]
+}`),
+		newline([]byte(`{
+  "a": "alice",
+  "b": null,
+  "c": [
+    {
+      "d": 9,
+      "e": null
+    },
+    null
+  ]
+}`)),
+		nil,
+		nil,
+	))
+
 }
diff --git a/value.go b/value.go
index 03c6ffae..b1751220 100644
--- a/value.go
+++ b/value.go
@@ -387,7 +387,13 @@ func makeAddressable(value reflect.Value) reflect.Value {
 	if isdencodingMap(unpacked) {
 		om := value.Interface().(*dencoding.Map)
 		for _, kv := range om.KeyValues() {
-			om.Set(kv.Key, makeAddressable(reflect.ValueOf(kv.Value)).Interface())
+			var val any
+			if v := deref(reflect.ValueOf(kv.Value)); v.IsValid() {
+				val = makeAddressable(v).Interface()
+			} else {
+				val = nil
+			}
+			om.Set(kv.Key, val)
 		}
 		return value
 	}
@@ -422,7 +428,11 @@ func derefMap(value reflect.Value) reflect.Value {
 	res := reflect.MakeMap(unpacked.Type())
 
 	for _, key := range unpacked.MapKeys() {
-		res.SetMapIndex(key, deref(unpacked.MapIndex(key)))
+		if v := deref(unpacked.MapIndex(key)); v.IsValid() {
+			res.SetMapIndex(key, v)
+		} else {
+			res.SetMapIndex(key, reflect.ValueOf(new(any)))
+		}
 	}
 
 	return res
@@ -434,7 +444,11 @@ func deref(value reflect.Value) reflect.Value {
 	if isdencodingMap(unpacked) {
 		om := value.Interface().(*dencoding.Map)
 		for _, kv := range om.KeyValues() {
-			om.Set(kv.Key, deref(reflect.ValueOf(kv.Value)).Interface())
+			if v := deref(reflect.ValueOf(kv.Value)); v.IsValid() {
+				om.Set(kv.Key, v.Interface())
+			} else {
+				om.Set(kv.Key, nil)
+			}
 		}
 		return value
 	}