First Lieutenant Taylor was the pilot of a F-80C Shooting Star fighter interceptor with the 80th Fighter Bomber Squadron, 8th Fighter Bomber Group. On 12 July 1951, while on a combat mission in the Kunu-ri area of North Korea, his aircraft received a direct hit by anti-aircraft fire, crashed and burst into flames. His remains were not recovered. His name is inscribed on the Courts of the Missing at the Honolulu Memorial.

For his leadership and valor, First Lieutenant Taylor was awarded the Distinguished Flying Cross, the Air Medal, the Purple Heart, the Korean Service Medal, the United Nations Service Medal, the National Defense Service Medal, the Korean Presidential Unit Citation and the Republic of Korea War Service Medal.