^Certain award groups do not simply award one winner. They recognize several different recipients, have runners-up, and have third place. Since this is a specific recognition and is different from losing an award, runner-up mentions are considered wins in this award tally. For simplification and to avoid errors, each award in this list has been presumed to have had a prior nomination.
The group earned its first ever daesang[b] award nominations for its first studio album Bloom*Iz, released in February 2020. The album was nominated for Album of the Year at both the 12th Melon Music Awards and the 10th Gaon Chart Music Awards, while its lead single "Fiesta" was also nominated at both ceremonies for Best Dance – Female and Song of the Year – February respectively. Iz*One did not win any of the nominations but the group received its second Artist of the Year bonsang at the Melon Music Awards. Bloom*Iz garnered an additional Bonsang Award nomination at the 30th Seoul Music Awards. The group's follow-up EP, Oneiric Diary, released in June 2020, was also nominated alongside its predecessor at the Gaon Awards, for Album of the Year – 3rd Quarter. The group won its third Artist of the Year bonsang at the 3rd Fact Music Awards in December 2020.
^A bonsang (Korean: 본상), which translates to "main prize", is a major award given at a South Korean award ceremony.[4] At music award ceremonies, bonsangs are awarded to the top ten or twelve best-selling (physical and digital) artists of the year.
^A daesang (Korean: 대상), which translates to "grand prize", is the highest honor given out at South Korean music award ceremonies in recognition of the artist with the greatest physical and digital achievements for the year.[5]
^Park, Han-byul (January 24, 2019). '최고의 루키' 아이즈원, 신인상5관왕 쾌거…"모두 위즈원의 사랑 덕분" ['Best Rookie' Iz*One won five rookie awards..."Thanks to WIZ*ONE's love."]. iMBC (in Korean). Archived from the original on July 13, 2019. Retrieved January 2, 2021.
^Kim, Myung-mi (November 26, 2020). 강다니엘-방탄소년단-임영웅 '2020 APAN' TOP10 선정 [Kang Daniel-BTS-Lim Young-woong selected for '2020 APAN' TOP10]. Newsen (in Korean). Archived from the original on November 28, 2020. Retrieved January 2, 2021 – via Naver.
^Park, Yoon-jin (November 30, 2020). 강다니엘·BTS·아이유·아이즈원…'2020 APAN AWARDS' 인기상 수상 [Kang Daniel, BTS, IU, Iz*one...win "2020 APAN AWARDS" Popularity Awards]. My Daily (in Korean). Archived from the original on December 8, 2020. Retrieved January 2, 2021 – via Naver.
^Park, Yoon-jin (November 29, 2020). 방탄소년단·임영웅·김수현·이정재 등…'2020 AAA' 대상 주인공 (종합) [(Comprehensive) BTS, Lim Young-woong, Kim Soo-hyun, Lee Jung-jae, etc. "2020 AAA" Grand Prize Winner]. My Daily (in Korean). Archived from the original on January 3, 2021. Retrieved January 3, 2021 – via Naver.
^Park, Seo-hyun (December 12, 2020). [2020 더팩트뮤직어워즈]방탄소년단, 이변無3년 연속 대상‥4관왕 등극(종합) [[2020 The Fact Music Awards] BTS, won the grand prize for 3 consecutive years, four crowns.]. Herald POP (in Korean). Archived from the original on January 3, 2021. Retrieved January 3, 2021 – via Naver.
^Park, Seo-hyun (November 16, 2020). '더팩트 뮤직 어워즈' 오늘(16일) 2차 투표 시작..임영웅→BTS 노미네이트 [Second round of voting for 'The Fact Music Awards' begins today (16th). Lim Young-woong→BTS nominated]. Herald POP (in Korean). Archived from the original on January 3, 2021. Retrieved January 3, 2021 – via Naver.
^Kim, Hyun-shik (January 13, 2021). "아이즈원·스트레이키즈, 올해의 핫 퍼포먼스상 수상 [가온차트 뮤직 어워즈]" [IZ*ONE&Stray Kids, won the Hot Performance of This Year [Gaon Chart Music Awards]]. Edaily (in Korean). Retrieved January 13, 2021.
^Kim, Hyo-jin (December 8, 2020). 가온차트 2020, 글로벌 초이스상1차 투표 시작…남자·여자 후보 공개 [Gaon Chart 2020, the first round of the Global Choice Award voting begins... Male and female candidates announced]. Top Star News (in Korean). Archived from the original on December 8, 2020. Retrieved January 3, 2021.
^Kim, Young-il (October 23, 2019). 브이라이브 어워즈 'V하트비트' 본상수상자17팀 공개!. thepreview.co.kr (in Korean). Archived from the original on November 12, 2019. Retrieved January 1, 2021.
^Jang, Woo-young (November 16, 2019). "아미의 힘"..방탄소년단, '더 모스트 러브드 아티스트' 수상 [V하트비트] [The power of ARMY..BTS awarded "The Most Loved Artist" [V Heartbeat]]. Osen (in Korean). Archived from the original on November 16, 2019. Retrieved January 1, 2021 – via Daum.