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The video tutorial provides instructions for taxi drivers and customers on obtaining a blank printable receipt. Users can download the receipt in various formats, including DocHub PDF, Microsoft Excel, Word, or rich text format, with DocHub PDF being the easiest option. To create the receipt, users need to enter details such as the taxi ride date, time, pickup and destination addresses, driver's name, fare amount, cab number or company, tip amount, and any additional notes. Once all fields are filled in, the completed receipt can be printed, serving as a valid taxi receipt.