I've just learned that the pop music superstar will perform at this year's MTV Video Music Awards in L.A.!
Swift is planning an "explosive" performance for the Moonman extravaganza, one source said.
Exact details are being kept under wraps, but I do know that Swift will be hitting the stage by herself. "It's not a collaboration with another singer," the source said.
So will Taylor be debuting a new song? We sure hope so!
Beyoncé is also up for Best Female Video for "Partition" and Best Collaboration for her work with hubby Jay Z on "Drunk in Love."
British crooner Sam Smith is nominated for Artist to Watch for "Stay With Me." His competition includes 5 Seconds of Summer ("She Looks So Perfect"), Charli XCX ("Boom Clap"), Schoolboy Q ("Man of the Year") and Fifth Harmony ("Miss Movin On").
Swift picked up a VMA in 2009 for Best Female Video for "You Belong to Me" and another last year in the same category for "I Knew You Were Trouble."
The 2014 MTV Video Music Awards will air live on MTV on Aug. 24 at 9 p.m. from The Forum in Inglewood, Calif.