"I think there's a greater appreciation of time and what you have together and what's important, and it can make the little things seem very small.
It puts a kind of sharp light mixed with a sort of diffused light on something.
Paulson and Taylor met about a decade ago, and although Paulson was still dating actress Cherry Jones at the time, she says the attraction on her end was immediate.
"[Taylor was] probably the most exquisitely beautiful woman I'd ever seen," the star gushes.
After running into each other a few years later, Paulson says the two started following each other on Twitter and exchanged direct messages, before going on a dinner date. Obviously, the couple's 32-year age gap doesn't bother Paulson in the slightest.
"There's a poignancy to being with someone older," Paulson says.
actress makes it clear that she's smitten with Taylor.
Still, Paulson, who has dated both men and women in the past, doesn't want to label her sexuality."If my life choices had to be predicated based on what was expected of me from a community on either side, that's going to make me feel really straitjacketed, and I don't want to feel that," Paulson explains."What I can say absolutely is that I am in love, and that person happens to be Holland Taylor." WATCH: EXCLUSIVE -- Holland Taylor Is Dating Sarah Paulson!"And in doing so, I think I developed a very easy rapport with people older than myself." On Taylor's end, the actress joked last November that the two's age difference surprised even herself."There's a very big age difference between us which I'm sure shocks a lot of people, and it startles me," Taylor told public radio station WNYC, though she didn't confirm she was dating Paulson at the time."But as they say, ' If she dies, she dies,'" she joked.