High earner has a tax penalty for underpayment.  Here is some information:

- 2023 Total Tax = $135,360 (110% of this is $148,896)

- 2024 Withholdings $113,328 + additional Medicare tax $3,944 = $117,172

- Estimated Payment was made on 12/23/24 $25,000

- Total 2024 payments $142,172

- 2024 Total Tax $148,288 (90% is $133,459)

- Amount due is $6,598 with $482 of that being an estimated tax penalty.  

Based on this information, is the penalty due to not having had actual 2024 withholdings amount to at least $133,459?  Appreciate any thoughts on this.