Ps Create a new square canvas, depending on the size you need. The resolution is generally set at around 300, and the color mode is RGB (if you want to print finally, choose CMYK):

2. Import Taylor Swift's picture (material from the Internet) into PS and execute the decoloring command:

3. Use the moving tool (V) to drag the faded black-and-white photo onto the previous square canvas:

4. Press Ctrl+T to adjust the photo to a suitable size and position, and press ENTER to confirm:

5. Type the word "22" on the cover with the text tool, and click Menu Bar-Window-Characters to adjust the size and font of the word (I didn't find the font in the original picture due to the efficiency of answering questions):

6. Create a new layer in the layer panel, fill it in red, and then adjust the opacity of the layer to 20% (the specific color and value depend on actual needs):

7. On the red layer, use the move tool (V), hold down Ctrl and click the thumbnail of the font layer (at the "T" in the figure below), read the selection of the text part, and then press Delete to delete:

8. Finally, delete or hide the font layer:

I hope I can help you, please adopt it if you are satisfied!