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In the video tutorial, the importance of fillable PDF forms in 2021 is highlighted, particularly for avoiding printing and scanning. To convert a PDF into a fillable form for free, viewers are directed to a service linked in the description. Users start by uploading their PDF files. After uploading, they can add form fields from a menu above, selecting options such as single text lines, text boxes, check boxes, drop-down menus, or single selection lists. Once added, these fields can be resized and edited through a second drop-down menu. Additionally, if users have a pre-filled form, they can utilize a tool to cover existing text.