Yes, that is the correct place to enter it.
However, it would be better to enter it through the step-by-step process. You can find the screen asking for that input in the Home Office expense section of your Schedule C. The title of the screen is Business conducted in home office. The wording may be a little different because it is asking for a percentage of time and therefore not seem like the place to enter that number. Ultimately though, the percentage of time is used to calculate the percentage of income.
@Bachatera
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