Transforming Text Photoshop

Step 1: Go To Edit > Free Transform

To activate the Transform Tool, select a layer and then use the following menu path: Edit > Free Transform or press Control + T (Win) or Command + T (Mac).

Note: To preserve the quality of the object when scaling first, convert it to a Smart Object by right-clicking on the layer and selecting Convert to Smart Object.

Step 2: Right-Click To Select The Transform Mode

You can right-click (Win) or Control + click (Mac) to access the Transform Tool options. Or you can use any of the shortcuts detailed in the next section to access each mode.

Select Perspective.

Step 3: Perspective

The Perspective setting automatically moves the opposite handle in the opposite direction to add a one-point perspective to an item. This is an accurate way to change the perspective of an object.

Hold in Shift + Alt + Control (Win) or Shift + Option + Command (Mac) to temporarily activate the Perspective setting, then drag a corner handle, and the opposite handle will move in the opposite direction, creating a perspective distortion.

Source: https://www.bwillcreative.com/free-transform-tool-in-photoshop/