The song is nominated in categories-- best song, best video and best collaboration, said The Hollywood Reporter.
Swift, 25, is also up for best female, best pop, best live act and biggest fans, among others.
Justin Bieber trails behind the pop diva with six nominations including best pop, best collaboration for "Where Are U Now" and biggest Fans.
British acts One Direction and Ed Sheeran have also received multiple nods. The boy band is nominated in categories-- best pop and biggest fans. Sheeran, 24, has bagged nomination in best male and live act categories.
The winners will be unveiled during a ceremony that is due to air live on Sunday, October 25 from the Mediolanum Forum in Milan, Italy. It marks the first time since 2004 that Italy will be hosting the awards show.