As previously announced, the new work will premiere this summer at the Manhattan Repertory Theater 2015 One Act Competition.

Directed by Gregg Wiggans (assistant director of Promises, Promises; assistant executive producer on How to Succeed in Business Without Really Trying), performances will be held June 16-19.

Here's how it's billed: "In eighteenth century England, a man hires an illustrious scribe (Itkin) to write a character for his wife (Ellingson), who dreams of acting on the stage. The esteemed poet's extra stipulation is to bed the actress in her own home. During the throws of passion, the cuckold-husband (Fahey) finds the manuscript and starts reading aloud. The beautiful recitation makes the playwright suddenly realize he's been writing for the wrong person and the cuckold becomes his new muse."

Wiggans will mount the one act while Taylor stars as the Emcee in Signature Theatre's Cabaret in D.C.

As an actor, Taylor has been seen in the original Broadway casts of The Addams Family and Rock of Ages as well as Off-Broadway in Little Miss Sunshine. He also created the Broadway-themed web series "It Could Be Worse" alongside Mitchell Jarvis.

Click here to read Playbill.com's Booking It! column with Taylor, in which he talks about juggling the worlds of stage and television, auditioning (and the nerves that come along with it), making a good first impression and creating his own work in order to become the "quadruple threat" that the theatre industry is now in search of.

If Taylor's play moves on to the finals, it will be performed June 30 and July 1 before MRT announces the 2015 winner.

For more information, visit ManhattanRep.com.