| Academy Award Nominations and Winners: |
| Best Director: Woody Allen |
| Best Supporting Actress: Jennifer Tilly |
| ★ | Best Supporting Actress: Dianne Wiest |
| Best Supporting Actor: Chazz Palminteri |
| Best Original Screenplay: Woody Allen and Douglas McGrath |
| Best Art Direction: Santo Loquasto |
| Best Costume Design: Jeffrey Kurland |
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| Golden Globe Nominations and Winners: |
| ★ | Best Supporting Actress: Dianne Wiest |
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| Other Awards: |
| Screen Actors Guild Awards: Best Supporting Actress (Wiest) |
| Independent Spirit Awards: Best Supporting Actress (Wiest); Best Supporting Actor (Palminteri) |
| New York Film Critics Circle: Best Supporting Actress (Wiest) |
| Los Angeles Film Critics Association: Best Supporting Actress (Wiest) |
| National Society of Film Critics: Best Supporting Actress (Wiest) |