She's the first country artist to be saluted in the tribute's 29-year history.
A clip of Miley Cyrus and Shawn Mendes rehearsing for their Dolly Parton tribute performance they've been teasing on Instagram has been posted onto Twitter and people can not wait to hear the full thing at the "Person Of The Year" Tribute Concert hosted by the Recording Academy ahead of the Grammy's.
And of course, there will be a performance by the woman of the hour: the incredible Parton, who has been the star of Grammy week this year.
Parton, a native of Tennessee, won her first Grammy in 1978.
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Dolly has eight Grammy Awards, two songs in the Grammy Hall Of Fame, "Jolene" and "I Will Always Love You", and received the Recording Academy's Lifetime Achievement Award in 2011.
Miley Cyrus and other musicians were among those scheduled to partake in an ensemble performance of her greatest hits. "Because I have actually worked with so many wonderful men and I've never met a man that I didn't like and I've never met a man whose ass I couldn't kick if he didn't treat me with the right respect".
On Friday night, Parton was awarded with the MusiCares Person of the Year.
The performance absolutely brought down the house, and in a big surprise, Dolly herself joined in on every tune! The children's literacy organization has donated more than 100 million books to kids around the world since it was founded in 1995.
Parton will be honored on Sunday with another tribute at the Grammy Awards, which will be broadcast live.