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In this video tutorial, the presenter demonstrates how to delete a text box in an Excel worksheet. To delete a text box, the user should select the text box without clicking inside it, then press the Delete key on the keyboard. If a user clicks inside the text box and then presses Delete, it will not work. Another method shown is to double-click on the border of the text box to ensure the cursor is not inside before pressing Delete. The tutorial aims to provide a simple solution for removing text boxes in Excel.