The 20-year-old multiple Grammy winner, who just scored five Academy of Country Music Awards nominations, dazzles on the cover of the magazine in a silver sequined Michael Kors dress, while a hardly recognizable Swift poses for the inside spread with straightened locks, blunt bangs and a high fashion attitude courtesy of a Fendi shift and Stella McCartney scallop-hem chemise.
In addition to revealing the edgier hairstyle, which she also sported last December, Swift opens up about who she thinks is hot, "Um, well... Taylor Lautner," she says, and writing songs about her past and current relationships.
"I like to categorize the various levels of heartbreak," she says of her love songs. "I've only had that happen once. A letdown is worth a few songs. A heartbreak is worth a few albums."
"I've had countless opportunities to do some really bad things. And then people start combing through everything I do trying to find the next mistake and misperception, which leads to more scrutiny," she says.
"Like, if I go to a bar, even if I'm not drinking, who's to say that a source isn't going to say that I was doing something I shouldn't have been doing? So it's not only about your own moral compass, but the moral compasses of other people that you don't know."
Different look, same ol' level-headed Swift.
To read more excerpts from her interview, head over to Elle.com. And pic up the April issue, out on newsstands March 24th.
So, do you prefer the country pop phenom with straight hair or curly hair?
And for tips on getting your hair perfectly straight like Swift's, watch the video below and visit our Hair Basics section for more helpful hair hints.