He won the Academy Award for Best Actor for his role in the 2005 film, Capote, and starred in the 2012 film, The Master. He also appeared in Cold Mountain, The Talented Mr. Ripley, Twister, and Scent of a Woman. As a stage actor, he has received multiple Tony Awards. He also plays Plutarch Heavensbee in the Hunger Games film series.
He gained recognition for his work in Boogie Nights and The Big Lebowski.
He appeared in Doubt with Meryl Streep.
At NYU, he co-founded the theater company, the Bullstoi Ensemble, with actor Steven Schub and director Bennett Miller.
His brother, Gordy Hoffman, was the screenwriter for Hoffman's film, Love Liza.