The 22-year-old singer-and-actress took home authentic full-sized surfboard prizes for Choice Female Music Artist, Choice Country Artist and Choice Movie Voice for her performance as Audrey in the animated film adaptation of Dr. Seuss' book 'The Lorax' at the ceremony held at Los Angeles' Gibson Amphitheatre.
The blonde beauty narrowly beat Justin Bieber to be the biggest winner of the night.
The 18-year-old pop star went home with four prizes, including Choice Music Male Artist and Single for Male Artist for his latest hit 'Boyfriend', which he performed at the event.
'The Twilight Saga: Breaking Dawn - Part 1' had seven nominations and took home two accolades, the Ultimate Choice Award and Teen Choice Favourite Film, taking the franchise's total of Teen Choice Awards to 41 in the past four years.
Addressing the audience, Taylor said: ''This award especially is an extreme honor. It's a true testament to all the support you've given us over the years. It's amazing you're still around and just as loyal and just as strong.''
As well as Justin, No Doubt - who will release their first album in more than a decade later this month - made their live comeback at the ceremony, performing their forthcoming single 'Settle Down'.
Selena Gomez - Justin's girlfriend - celebrated her 20th birthday at the event by taking home the Best Music Group gong with her band The Scene and when the singer-and-actress took to the stage to accept the prize she was serenaded with a version of 'Happy Birthday' by the audience.
The brunette beauty also received cupcakes with sparklers on for her to blow out and she described the gift as the ''best birthday present ever''.
Demi Lovato and 'Glee' star Kevin McHale hosted the two-hour ceremony, which also saw Jennifer Lawrence pick up two accolades for Choice Actress (Sci-Fi Fantasy) and Choice Lip-Lock for her onscreen embrace with Josh Hutcherson in 'The Hunger Games'.
Teen Choice Awards 2012: full list of winners:
Choice comedian: Ellen Degeneres
Choice Web stars: Sophie Grace and Rosie
Choice TV show (sci-fi/fantasy): 'The Vampire Diaries'
Choice TV actress (sci-fi/fantasy): Nina Dobrev, 'The Vampire Diaries'
Choice TV actor (sci-fi/fantasy): Ian Somerhalder, 'The Vampire Diaries'
Choice movie actor (drama): Zac Efron, 'The Lucky One'
Choice movie drama: 'The Lucky One'
Choice male hottie: Ian Somerhalder
Choice female hottie: Miley Cyrus
Choice music group: Selena Gomez & the Scene
Choice male TV scene stealer: Michael Trevino, 'The Vampire Diaries'
Choice movie comedy: '21 Jump Street'
Choice TV Actor (action): Adam Rodriguez, 'CSI: Miami'
Choice actress (sci-fi fantasy): Jennifer Lawrence, 'The Hunger Games'
Choice liplock: Josh Hutcherson and Jennifer Lawrence, 'The Hunger Games'
Choice movie (sci-fi/fantasy): 'The Hunger Games'
Choice book: 'The Hunger Games'
Choice male scene stealer: Liam Hemsworth, 'The Hunger Games'
Choice villain: Alexander Ludwig, 'The Hunger Games'
Choice movie actor (action): Taylor Lautner, 'Abduction'
Choice comedy actress - Emma Stone, 'Crazy, Stupid, Love'
Choice drama actress - Emma Stone, 'The Help'
Choice breakout in a film: Rihanna, 'Battleship'
Choice movie actress (action): Zoe Saldana, 'Colombiana'
Choice hissy fit: Charlize Theron, 'Snow White and the Huntsman'
Choice movie of the summer: 'Katy Perry: Part of Me'
Choice female movie star of the summer: Kristen Stewart, 'Snow White and the Huntsman'
Ultimate choice award: Kristen Stewart, Robert Pattinson and Taylor Lautner
Choice movie (romance): 'The Twilight Saga: Breaking Dawn - Part 1'
Choice movie actress (romance): 'The Twilight Saga: Breaking Dawn - Part 1'
Inspire award: Miranda Cosgrove
Choice TV drama: 'Pretty Little Liars'
Choice summer female TV star: Troian Bellisario, 'Pretty Little Liars'
Choice TV actress (drama): Lucy Hale, 'Pretty Little Liars'
Choice TV actor (drama): Ian Harding, 'Pretty Little Liars'
Choice female artist: Taylor Swift
Choice single by a female artist: 'Eyes Open,' Taylor Swift
Choice country song: 'Sparks Fly,' Taylor Swift
Choice movie voice: Taylor Swift as Audrey, 'Dr. Seuss' The Lorax'
Choice TV female scene stealer: Candice Accola, 'The Vampire Diaries'
Choice female TV breakout star: Hannah Simone, 'New Girl'
Choice male artist: Justin Bieber
Choice male music star of the summer: Justin Bieber
Choice male fashion icon: Justin Bieber
Choice single by a male artist: 'Boyfriend,' Justin Bieber
Choice movie actor (sci-fi/fantasy): Josh Hutcherson, 'The Hunger Games'
Choice summer music star group: One Direction
Choice music breakout group: One Direction
Choice love song: 'What Makes You Beautiful,' One Direction
Choice summer male movie star: Chris Hemsworth, 'Snow White and the Huntsman'
Choice TV comedy: 'Glee'
Choice TV reality star: Pauly D
Choice Twit: Demi Lovato
Choice summer female music star: Demi Lovato
Choice breakout artist: Carly Rae Jepsen
Choice song of the summer: 'Call Me Maybe,' Carly Rae Jepsen
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