1099 and I pay Quarterly ES taxes.

This year I have taken out more  IRA distributions than last year.  I am a REALTOR and income is less and expenses will be less.

 

I assume I will owe more in taxes.  I am under the impression that I pay a penalty to IRS if my estimated quarterly payments are not enough.   Is this correct?

 

Should I plan to make an additional ES payment to IRS in December no penalty?