West first alluded to the possibility in February on On Air with Ryan Seacrest, and now Swift, 35, has weighed in, reported People magazine.
"He's very creative and... I think we've talked about it," Swift said, adding "But we've also talked about so many other things."
Asked if the collaboration will be a duet, the country star said, "We've never been in a studio together, but he's got a lot of amazing ideas. He's one of those people that's just like idea, idea, idea ... I completely respect him as a producer. So, that's all I know now.