Yes, quip is in the scrabble dictionary

...and is worth 17 points by itself if you played it.

Quip Definition

noun

A clever, often sarcastic remark; a gibe. See Synonyms at joke.
A clever, witty remark often prompted by the occasion.
A petty distinction or objection; a quibble.
Something curious or odd.
A clever usually taunting remark.

verb-intransitive

To make quips or a quip.

verb

To make.
To jest or gibe at.
Make a witty remark.