Edgar Allan Poe Awards
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1986 | Edgar Allan Poe Awards | Best Screenplay | Max E. Frye | Won |
Golden Globes
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1986 | Hollywood Foreign Press Association | Best Performance by an Actor in a Motion Picture - Musical or Comedy | Jeff Daniels | Nominated |
| 1986 | Hollywood Foreign Press Association | Best Performance by an Actor in a Supporting Role in a Motion Picture | Ray Liotta | Nominated |
| 1986 | Hollywood Foreign Press Association | Best Performance by an Actress in a Motion Picture - Musical or Comedy | Melanie Griffith | Nominated |
