| Academy Award Nominations and Winners: |
| ★ | Best Picture |
| ★ | Best Director: Robert Redford |
| Best Actress: Mary Tyler Moore |
| Best Supporting Actor: Judd Hirsch |
| ★ | Best Supporting Actor: Timothy Hutton |
| ★ | Best Adapted Screenplay: Alvin Sargent |
|
| Golden Globe Nominations and Winners: |
| ★ | Best Picture (Drama) |
| ★ | Best Director: Robert Redford |
| ★ | Best Actress (Drama): Mary Tyler Moore |
| Best Actor (Drama): Donald Sutherland |
| Best Supporting Actor: Judd Hirsch |
| ★ | Best Supporting Actor: Timothy Hutton |
| ★ | New Star of the Year (Male): Timothy Hutton |
| Best Screenlplay: Alvin Sargent |
|
| Other Awards: |
| Directors Guild of America: Best Director |
| Writers Guild of America: Best Adapted Screenplay (Drama) |
| New York Film Critics Circle: Best Picture |
| Los Angeles Film Critics Association: Best Supporting Actor (Hutton) |
| National Board of Review: Best Picture; Best Director |