How to Use Type Layers in Photoshop CS6
To create type using type layers in Adobe Photoshop Creative Suite 6, click your canvas with the Type tool and type your desired text. After you commit your text by pressing Enter on the numeric keypad or clicking the Commit button on the Options bar, you’ve created a type layer. In the Layers panel, you see a layer with a T icon, indicating it’s a type layer.
Initially, the name of the type layer corresponds to the text you typed (you can change the layer name, if you want). Like shapes, the text in Photoshop is true vector type and, if left in that format, always prints smooth and without jaggies.
Another great thing about type in Photoshop is that it’s live; you can edit the text at any time. You can also change the orientation, apply anti-aliasing (softening of the edges), create paths from the type, and even warp it into various distortions. You can also convert the type to a shape.
Like with regular layers, you can move, rearrange, copy, and change the layer options (opacity, fill, and mode) of a type layer. If, however, you want to apply certain special effects, such as filters, you must first rasterize (convert into pixels) the text.