Yes, you will need to record the income from the 1099-PATR form on your income tax return.
Here are steps to help guide you where to enter the 1099-PATR form in TurboTax:
https://ttlc.intuit.com/replies/5113710
Below is a sample screenshot of 1099-PATR entry in TurboTax Home & Business for a coop dividend.
[Edited 3/18/18|6:36pm]
