It depends. If your business was operational in 2023 then answer that question yes, but If your business will not be operational until 2024, you can wait. Timing is important when deducting business expenses. For Start-up Business expenses you can deduct them in the year your business is operational. If your business will not be operational until 2024, you can wait to deduct the expenses when the business starts.
If you would like more information about start-up business costs, see the article below:
