1. Begin with a new file, size and color doesn't matter. Then create a new layer in the layers palette.
2. Take the Elliptical Marquee Tool and make a circle, hold down Shift to get the circle perfectly round, then right click inside the circle and choose Fill, fill the circle with a red color.
3. Now take the Rectangular Marquee Tool and draw out a rectangle as the image below shows. Then press delete
4. Then go to Edit>Free Transform or press Ctrl+T, hold down Ctrl while drawing the upper right corner.
5. Now duplicate the layer, right click layer1 and choose Duplicate Layer, then go to Edit>Transform>Flip Horizontal, then take the Move Tool and move the layer to the left.
Now should it look something like this.
You see, it's already some kind of a heart. In a case you are interested in one more way of heart drawing, we are glad to offer you some more tutorials on this theme.
6. Now go to Layer>Merge Down, then head over to the layers palette and right click layer1 and choose Blending Options, then apply this settings.
That's it you are done!
This is what I came up with.
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