Taylor Swift has been the toast of nearly every awards show this year, and she could find herself up for an Oscar next year, too. Taylor co-wrote the song "You'll Always Find Your Way Back Home," which was recorded by Miley Cyrus for Hannah Montana: The Movie. According to The Hollywood Reporter, that tune is now one of five songs from that film in the running for the Academy Awards' Best Original Song award. Since the award goes to the writer, Taylor would be the recipent here. However, there are 63 total songs in this round of voting. Find out whether or not Taylor made the cut when the Oscar nominees are announced on February 2nd, 2010.

AND again Taylor holds on to the number-one spot of Billboard's Country Albums chart with Fearless. The quintuple-platinum release was up 32 percent in sales to move 168 thousand units last week. Carrie Underwood's album Play On also got a 32 percent sales bump thanks to her recent Fox holiday special. That project comes in at number two this week, with 107 thousand copies sold.