HOW TO CREATE A BAR CHART WITH LABELS ABOVE BAR IN EXCEL - simplexCT 15. In the Format Data Labels pane, under Label Options selected, set the Label Position to Inside End. 16. Next, while the labels are still selected, click on Text Options, and then click on the Textbox icon. 17. Uncheck the Wrap text in shape option and set all the Margins to zero. The chart should look like this: