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To proofread a document electronically in Word, use the Track Changes and Comments features. Activate Track Changes from the Review tab, causing any edits, such as deletions (crossed out text) and additions (underlined text), to be marked for review. This allows the document owner to see proposed changes before they are finalized. Additionally, you can insert comments by selecting the text to reference and clicking on the New Comment command, facilitating clear communication about suggestions and feedback.