
The text of the label is written programmatically:
public Form1()
{
InitializeComponent();
label.Text = data from database;
}
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Set the label’s MaximumSize.Width property so it cannot overlap the TextBox. If you don’t have enough space vertically then also set the MaximumSize.Height property. You then should also consider setting AutoEllipsis to True so that it is obvious to the user that the text got truncated, a tooltip shows the full text.
An easy way to determine the proper values for MaximumSize is to temporarily turn AutoSize off. Adjust the label size to the maximum size that doesn’t overlap anything. Copy/paste the Size into AutoSize. Or leave it off.