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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 without clicking inside it, ensuring the cursor does not appear within the box. Then, simply press the Delete key on the keyboard. If you click anywhere else and press Delete, the text box will not be removed. Alternatively, you can double-click on the border of the text box to ensure the cursor is outside, then press Delete. The video concludes with a hope that viewers found the instructions helpful.