| If you'd like to maintain the formatting of the text in your Word doc (and have it come out a little cleaner, too)... you could try converting the Word doc to a Pdf, then import that Pdf into Photoshop.
For best results, you might want to import it in at a higher resolution than the piece you're inserting it into, that way you can size it down and make sure that it maintains readability (versus scaling the text up, where it may get blurry and pixelated).
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