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Do not overuse tooltips
Not a visual control

  • Add a tooltip control to form

It appears below the form
visual basic tooltip control in tray
Adding the control gives you a new property in all your other controls called tooltip

  • Set the tooltip property to some text

tooltip on tooltip1
You can have more than one tooltip control on the form and enable and disable them

If you mouse over control with a tooltip it displays the text
tooltip in action

visual basic tooltip control