Yes. You can either bend it back and solder the tag directly to the pot case, or run some wire from the pot case to that tag (not all pots have tabs that can reach back to the casing). But only on the volume pots. The spare tab on the tone pots remains unconnected. The tone pots act as variable resistors so only have two connections, whilst the volume pots act as potential dividers, so all three connections are used.
I normally cut the spare tabs off on the tone pots to help prevent them accidentally touching a signal carrying wire or ground. If you do this, just double check that you are cutting the correct one off!