How do we convert typed text into a text box?

I found that text wrapping works in Photoshop Elements.  Open a new blank file with a transparent background.  Click on the text tool, click and hold your left mouse button and drag down and to the right, till you get the size box you need.  The cursor, by default will be in the upper hand corner.  Just start typing, or past your text in.  PSE does not have full justification (lines spaced out evenly along the left and right sides- like a newspaper) - jest left, right, and center. Changing the shape of the box will cause the text to wrap.  Save the file as a .PSD to preserve the transparent background.  Then import it to the Premiere Elements project as you would a photo and put it above the section where you want it to display.   You can change where it displays and the size, but the text wrap no longer works.