U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2



1.      Name and address of issuer:

        T. Rowe Price Tax-Free Income Fund, Inc.
100 East Pratt Street
Baltimore, MD 21202

2. The name of each series or class of securities for which this Form is filed
(If the Form is being filed for all series and classes of securities of the
issuer, check the box but do not list series or classes): /x/

3.      Investment Company Act File Number:  811-2684

Securities Act File Number:  02-57265

4a.     Last day of fiscal year for which this Form is
filed:

February 28, 2001

4b.     / /  Check box if this Form is being filed late
(i.e., more than 90 calendar days after the end
of the issuer's fiscal year).  (See
Instruction A.2.)

        Note:  If the Form is being filed late, interest
must be paid on the registration fee due.

4c.     / /  Check box if this is the last time the issuer
will be filing the Form.

5.      Calculation of registration fee:

(i)     Aggregate sale price of securities
sold during the fiscal year pursuant
to section 24(f):                                               $161,729,332

(ii)    Aggregate price of securities redeemed
or repurchased during the fiscal year:          $161,729,332

        (iii) Aggregate price of securities redeemed or repurchased during any
prior fiscal year ending no earlier than October 11, 1995 that were not
previously used to reduce registration fees payable to the Commission:
$45,879,769

        (iv)    Total available redemption credits
[add items 5(ii) and 5(iii)]:                           -$207,609,101

        (v)     Net sales - if Item 5(i) is greater
than Item 5(iv) [subtract Item 5(iv) from
Item 5(i):                                                            $     -0-

        (vi)    Redemption credits available for use in future
                years - if Item 5(I)is less than Item 5(iv)
                [subtract Item 5(iv) from Item 5(I)]:           ($45,879,769)

(vii)   Multiplier for determining registration fee (See
        Instruction C.9):                                          x .000250

(viii)  Registration fee due [multiply Item 5(v)
        by Item 5(vii)]  (enter "0" if no fee is due):          $     -0-

6.      Prepaid Shares

        If the response to Item 5(I) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant to
Rule 24e-2 as in effect before October 11, 1997, then report the amount of
securities (number of shares or other units) deducted here: 258,231 shares. If
there is a number of shares or other units that were registered pursuant to Rule
24e-2 remaining unsold at the end of the fiscal year for which this form is
filed that are available for use by the issuer in future fiscal years, then
state that number here: 60,790,720 shares.

7.      Interest due - if this Form is being
filed more than 90 days after the end
of the issuer's fiscal year (see
Instruction D):                                                 +$       -0-

8.      Total of the amount of the registration
fee due plus any interest due [line 5(viii)
plus line 7]:                                                   $     -0-

9.      Date the registration fee and any interest
payment was sent to the Commission's lockbox
depository:  on or about May 10, 2001

        Method of delivery:     Wire transfer

SIGNATURES

This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.


Joseph A. Carrier, Treasurer
By (Signature and Title)*

May 11, 2001