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In this video tutorial, the presenter demonstrates how to delete a text box in an Excel worksheet. To remove a text box, first select it by clicking on the border, ensuring that the cursor does not appear inside the text box. Then, simply press the Delete key on the keyboard. The presenter warns that clicking elsewhere and pressing Delete will not remove the text box. An alternative method is to double-click on the border of the text box, which will allow you to press the Delete key to remove it. The video concludes with a thank you to viewers for watching.