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The 2018 Grammy nominations have just been announced!
However, the answer is because of the Nov. 10 release date; the album itself wasn't eligible to be nominated this year.
Mert & Marcus
Therefore, while Swift's album wasn't eligible this year, it will be eligible for the 2019 Grammys. But because her first single “Look What You Made Me Do” was released in August, it was eligible for a nomination.
The 27-year-old's song “Better Man,” which she wrote for Little Big Town, also qualified, as it was released earlier this year; it's competing in the Best Country Song category. Her duet with Zayn Malik, “I Don't Wanna Live Foreer,” is also in the running for Best Song Written for Visual Media.