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In this video tutorial, the host demonstrates how to delete a text box in an Excel worksheet. To delete a text box, simply select it without clicking on any text within or inside the box, then press the Delete key on the keyboard. It is important not to click anywhere else before pressing the Delete key, as it will not delete the text box. Alternatively, you can double click on the border of the text box to ensure that the cursor is not inside, then press the Delete key. This simple method allows for easy removal of text boxes in Excel.