Working with Text in Photoshop
The tools that Photoshop provides for manipulating text are probably its most straightforward features.
You just select the 
text
tool, click, and drag, and you are ready to type.
Use the options bar to change the style of highlighted text.
Text styles in the options bar
When you engage the type tool, what you type automatically becomes
its own layer and is given what is typed as a layer name. This
is a very helpful feature when dealing with multiple text layers. Double
click the T to easily edit the text.
If you want to merge a text layer with an image layer, the text layer
must be rasterized, or converted to an image first. Once this is done,
you can no longer edit the text. Unless you are using text in an illustration
or altering letters, this may not even be necessary.
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