Recent labs showed high platelets high iron high tibc low normal ferritin level of 12 is this iron deficiency ?

Likely: The best test for iron deficiency anemia (ida) is ferritin. Sometimes when there is inflammation (an possible associated anemia of chronic disease/inflammation, the ferritin may increase as an acute phase reactant). The "gold standard" for diagnosis is a bone marrow biopsy, but rarely needed. High platelets are also associated with ida. Treatment should improve platelets and ferritin.