Yes, if you want to determine if you are eligible to claim an education credit and the various federal tax benefits for educational expenses. You can file an amendment to your 2016 return and add the 1098-T.
It depends on whether or not it will change your refund. If you are eligible for the education credits then you may be entitled to an additional refund but it will depend on your personal tax situation
However, if your grant/scholarship amount (box 5) is more than your tuition (box 1/box 2) it may become excess scholarship money may be treated as taxable income on your return.
NOTE: If you decide to amend the IRS 2016 Amended tax forms will not be ready until sometime in February. You will have to mail your amended return to the IRS.
See How to Amend (Change or Correct) a Return You Already Filed to amend your income tax return. Please keep checking the TurboTax FAQ for the status of amended return tax forms.