| Academy Award Nominations: |
| Best Picture |
| Best Director: Louis Malle |
| Best Actress: Susan Sarandon |
| Best Actor: Burt Lancaster |
| Best Original Screenplay: John Guare |
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| Golden Globe Nominations: |
| Best Director: Louis Malle |
| Best Actor (Drama): Burt Lancaster |
| Best Foreign Film |
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| Other Awards: |
| Venice Film Festival (1980): Golden Lion (Best Picture; tie) |
| New York Film Critics Circle: Best Actor (Lancaster); Best Screenplay |
| Los Angeles Film Critics Association: Best Picture; Best Director; Best Actor (Lancaster) |
| National Society of Film Critics: Best Picture; Best Director; Best Actor (Lancaster); Best Screenplay |
| Boston Society of Film Critics: Best Actor (Lancaster) |
| British Academy Awards: Best Director; Best Actor (Lancaster) |
| Genie Awards (Canadian Oscars, 1980): Best Foreign Actress (Sarandon); Best Supporting Actress (Reid); Best Art Direction (Anne Pritchard) |