McDonagh won the 2006 Oscar for his short film "Six Shooter," starring Irish actor Brendan Gleeson.
"In Bruges," a tale of two hit men forced to take a holiday in Bruges, Belgium, stars Gleeson and Colin Farrell. It will screen at Sundance Jan. 17, Variety.com reported Tuesday.
"In many ways, 'In Bruges' is a quintessential Sundance film -- it's brutal, philosophical, funny and totally original," said Sundance director Geoffrey Gilmore.
"No filmmaker I know has made the English language, in all its profane -- and here, quite Celtic -- glory, such a purely, joyously cinematic medium," said James Schamus, chief executive officer of Focus Features.
McDonagh's stage works include "The Lieutenant of Inishmore," "The Pillowman" and "The Beauty Queen of Leenane."
Notable deaths of 2014 [PHOTOS]
Katy Perry dressed as giant Cheeto for Halloween