The shortlisting of her hit Anti-Hero makes Swift the first songwriter to score seven nominations in the category – overtaking Sir Paul McCartney and Lionel Richie, who have six each.
She is also nominated in the album and record of the year categories alongside Olivia Rodrigo, Miley Cyrus and SZA.
Lana Del Rey and Dua Lipa are among the other nominees for song of the year.
Billie Eilish, Jon Batiste and SZA have also been recognised in the category.
Swift’s album of the year nod for Midnights is her sixth nomination in this category – and ties her with Barbra Streisand for the most nominations for a female artist.
If she wins, she will become the first artist to win album of the year four times.
It was harder for artists to make the Grammys shortlist this year due to new rules.
Organisers have cut the number of nominations available in each category from 10 to eight.
This year’s Grammy Awards take place on 4 February in Los Angeles, with hosts yet to be announced.
Source: bbc.com