Taylor attended St. Anthony High School in New Jersey where he played under renowned high school coach Bob Hurley. During the 2007–08 season, Taylor's team went 32-0 and was awarded the high school basketball mythical national championship by USA Today. Taylor also appeared in the 2009 film The Street Stops Here, a documentary about Hurley and St. Anthony.
Considered a four-star recruit by Rivals.com, Taylor was listed as the No. 11 point guard and the No. 77 player in the nation in 2008.
College career
In 2008–09, Taylor averaged 9.7 points and 3.0 assists per game as he earned Big 12 All-Rookie team honors.
Playing before a crowd of local KU fans for the second night in a row, Peterson performed better than he had on Saturday night against DMEAcademy... Also present at the game were current KU wing Rylan Griffen and former Jayhawk guard Tyshawn Taylor.