Taylor is set to feature for Swansea's Under-21 side against Millwall on Monday night and Swans boss Michael Laudrup believes the player will be in first-team contention for Saturday's home game against Southampton.
"I think physically Neil is more or less there now," said Laudrup. "He played 90 minutes for the under-21s last week and he will play again tonight.
"After that it will just be about getting back up to Premier League level.
"It's good for him. He is looking forward to coming back and I think we will see him in the first team before the season ends. That is our plan at least."