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In this tutorial, Taylor demonstrates the strikethrough shortcut for Microsoft PowerPoint. There are two ways to do this: using the ribbon guide keyboard shortcuts on a PC and using the font dialog box shortcuts in PowerPoint. The shortcut for the ribbon guide is alt+h4, which does not require holding down keys. This shortcut is located in the home tab, where the strikethrough command can be accessed. Additionally, Taylor shares other cool text effects keyboard shortcuts that can be accessed using these methods.