The 'Love Story' hitmaker is to be presented with the Ultimate Choice Award in recognition of her 'extraordinary contributions to the entertainment industry" at the ceremony on August 7.
It has already been announced that Taylor is in the running to win six other awards, Red Carpet Hot Icon ' Female, Choice Music: Female Artist, Choice Music: Female Country Artist, Choice Music: Love Song, for her single 'Mine', Choice Music: Break-up Song for 'Back to December' and Choice Music: Country Song for 'Mean'.
Previous winners of the coveted Ultimate Choice accolade have included Reese Witherspoon, Sarah Michelle Gellar and Justin Timberlake.
Meanwhile, it has been announced that 'Twilight Saga' heartthrob Robert Pattinson, talk show host Ellen DeGeneres, and Disney star Demi Lovato have been added to the line-up of famous faces who will make an appearance at the ceremony, which takes place at the Gibson Amphitheatre in Los Angeles.
They join a host of previously-announced guests including Ashton Kutcher, Justin Bieber, Kim Cardashian, Cameron Diaz, Tyra Banks, Kellan Lutz, Chris Hemsworth and Joe Jonas.
'The Big Bang Theory' star Kaley Cuoco is hosting the awards, while so far Selena Gomez, OneRepublic and Jason Derulo have been announced as performers at the event.
The winners of the 66 Teen Choice Award categories are chosen online by fans aged 13-19.
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