Academy of Motion Picture Arts and Sciences
| Nominated | Best Original Screenplay | 1989 |
| Nominated | Best Supporting Actor | 1989 |
Hollywood Foreign Press Association
| Nominated | Best Director | 1989 |
| Nominated | Best Performance by an Actor in a Supporting Role in a Motion Picture | 1989 |
| Nominated |
Best Picture - Drama |
1989 |
| Nominated | Best Screenplay | 1989 |
Library of Congress
| Won |
U.S. National Film Registry |
1999 |
Los Angeles Film Critics Association
| Won | Best Director | 1988 |
| Won | Best Music Score | 1988 |
| Won |
Best Picture |
1988 |
| Won | Best Supporting Actor | 1988 |
New York Film Critics Circle
| Won | Best Cinematography | 1989 |
