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| Summary  Prospectus                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
| PRTAX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |
| July 1, 2011                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
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| T. Rowe Price

Tax-Free Income Fund                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| A long-term bond fund for investors seeking  income exempt from federal income taxes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| *Before you  invest, you may want to review the fund’s prospectus, which contains more  information about the fund and its risks. You can find the fund’s prospectus  and other information about the fund online at**troweprice.com/prospectusesandreports. **You can also get this information at no cost  by calling**1-800-638-5660 **or by sending an e-mail request to**info@troweprice.com. **This Summary Prospectus incorporates by reference the fund’s  prospectus, dated July 1, 2011, and Statement of Additional Information,  dated July 1, 2011.*

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*The Securities  and Exchange Commission has not approved or disapproved these securities or  passed upon the adequacy of this prospectus. Any representation to the  contrary is a criminal offense.* |
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