diff --git a/deps/v8/include/v8-version.h b/deps/v8/include/v8-version.h
index e9d2a7541c5..52125445b4e 100644
--- a/deps/v8/include/v8-version.h
+++ b/deps/v8/include/v8-version.h
@@ -11,7 +11,7 @@
 #define V8_MAJOR_VERSION 5
 #define V8_MINOR_VERSION 1
 #define V8_BUILD_NUMBER 281
-#define V8_PATCH_LEVEL 80
+#define V8_PATCH_LEVEL 81
 
 // Use 1 for candidates and 0 otherwise.
 // (Boolean macro values are not supported by all preprocessors.)
diff --git a/deps/v8/src/debug/debug.cc b/deps/v8/src/debug/debug.cc
index 7c76742bb97..cb2d8648aab 100644
--- a/deps/v8/src/debug/debug.cc
+++ b/deps/v8/src/debug/debug.cc
@@ -962,6 +962,14 @@ void Debug::PrepareStepOnThrow() {
     it.Advance();
   }
 
+  if (last_step_action() == StepNext) {
+    while (!it.done()) {
+      Address current_fp = it.frame()->UnpaddedFP();
+      if (current_fp >= thread_local_.target_fp_) break;
+      it.Advance();
+    }
+  }
+
   // Find the closest Javascript frame we can flood with one-shots.
   while (!it.done() &&
          !it.frame()->function()->shared()->IsSubjectToDebugging()) {
diff --git a/deps/v8/test/cctest/test-debug.cc b/deps/v8/test/cctest/test-debug.cc
index ab27f394e9a..192dce7b9f6 100644
--- a/deps/v8/test/cctest/test-debug.cc
+++ b/deps/v8/test/cctest/test-debug.cc
@@ -8185,3 +8185,36 @@ TEST(DebugStepNextTailCallEliminiation) {
   ExpectString("JSON.stringify(log)",
                "[\"a4\",\"b2\",\"c4\",\"e0\",\"e0\",\"e0\",\"e0\",\"f0\"]");
 }
+
+size_t current_action = 0;
+StepAction actions[] = {StepNext, StepNext};
+static void DebugStepOverFunctionWithCaughtExceptionListener(
+    const v8::Debug::EventDetails& event_details) {
+  v8::DebugEvent event = event_details.GetEvent();
+  if (event != v8::Break) return;
+  ++break_point_hit_count;
+  if (current_action >= 2) return;
+  PrepareStep(actions[current_action]);
+}
+
+TEST(DebugStepOverFunctionWithCaughtException) {
+  i::FLAG_allow_natives_syntax = true;
+
+  DebugLocalContext env;
+  v8::Isolate* isolate = env->GetIsolate();
+  v8::HandleScope scope(isolate);
+  v8::Debug::SetDebugEventListener(
+      isolate, DebugStepOverFunctionWithCaughtExceptionListener);
+
+  break_point_hit_count = 0;
+  CompileRun(
+      "function foo() {\n"
+      "  try { throw new Error(); } catch (e) {}\n"
+      "}\n"
+      "debugger;\n"
+      "foo();\n"
+      "foo();\n");
+
+  v8::Debug::SetDebugEventListener(env->GetIsolate(), nullptr);
+  CHECK_EQ(break_point_hit_count, 4);
+}