How Do I Copy Text From Word To Photoshop?

I have a letter typed up in Microsoft Word and would like to copy it into a Photoshop document. But when I copy and paste the text it doesn’t appear on the new document, but the first few words do show up in that layer’s title (over on the side), just not on the actual document.

What do I have to do in order to paste the text successfully?

Thank you!!!