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In this video tutorial, we discuss the if statement in JavaScript, which is a way to test conditions to see if they are true. The syntax for an if statement includes the keyword "if" followed by the condition in parentheses. If the condition is true, the code below it will run. If the condition is false, the code will be skipped. An example is provided using a specific code and event within a form, where the event target references the form field that triggered the event. Testing the value of the form field is demonstrated.