If I change my direct deposit account this year and I have talked to my bank about this, do I still need to report about the update of bank account in turbo tax . Thanks

You need to make sure the CRA has your updated direct deposit information. Then you don’t need to do it through TurboTax. If you change your direct deposit information using your tax return, you will have to print & mail your return. So it’s best to do it through the CRA if you want to NETFILE.

This CRA page has info on how you can update your direct deposit account information: https://www.canada.ca/en/revenue-agency/services/about-canada-revenue-agency-cra/direct-deposit/frequently-asked-questions-about-direct-deposit.html