I am using Photoshop CC version 20.0.1. I cannot edit a text layer that has the wrong information. Instead of editing, I tried making a whole new text layer. I click the T (text) button, drag and let go and it shows the latin text but the text box is gone and it won't let me click on it or edit it. What the heck is wrong?
"When you choose a different color mode for an image, you permanently change the color values in the image. For example, when you convert an RGB image to CMYK mode, RGB color values outside the CMYK gamut (defined by the CMYK working space setting in the Color Settings dialog box) are adjusted to fall within gamut. As a result, some image data may be lost and can’t be recovered if you convert the image from CMYK back to RGB."
So frustrating. I had added an effect to the text before converting it to a Smart Object. This was my issue. I followed all of the solutions provided here with no effect. I deleted my text and if I did not have an effect on, I could edit them as often as I wanted. Hope that helps someone.