Taylor, who had on the Redskins' injured list for the second straight week due to a right knee sprain, was shot in the leg and the bullet reportedly struck the femoral artery. The incident occurred at his home in the Palmetto Bay section of Miami during a robbery attempt according to Fox News.
A hospital spokeswoman says Taylor's family has asked that no information about his condition be released at this point.
The 24-year-old Taylor was the fifth overall selection in the 2004 draft. He leads the Redskins this season with five interceptions, despite missing the last two games due to a knee injury.
In 2005, Taylor was accused of brandishing a gun at a man and repeatedly hitting him during a fight that broke out after he and some friends went looking for people who had allegedly stolen his all-terrain vehicles.
Taylor reached a deal with prosecutors last year after they agreed to drop felony charges against him. He pleaded no contest to two misdemeanors in the assault case and was sentenced to 18 months probation.