What is the best file format for scanning text into Photoshop?

[Albacore]

The only way to get crisp text is to use OCR & then spend a small amount of time in a text editor to check text and any other artifacts that have been produced. I don't normally disagree with Gary but in this case I do about the level of quality of the free OCR's or the one supplied with our printer.

[pauland]

OCR doesn't really apply here - the OP wants to preserve the original text, typeface and appearance - as legibly as possible.

[dhawan12]

Use Gif.

[Bobbie_Ack]

Use Gif.

Exactly. It's the most viable idea I think.