We report the discovery of a compact, coplanar, quadruply-lined, eclipsing quadruple star system from TESS data, TIC 454140642, also known as TYC 0074-01254-1. The target was first detected in Sector 5 with 30-min cadence in Full-Frame Images and then observed in Sector 32 with 2-min cadence. The light curve exhibits two sets of primary and secondary eclipses with periods of PA = 13.624 days (binary A) and PB = 10.393 days (binary B). Analysis of archival and follow-up data shows clear eclipse-timing variations and divergent radial velocities, indicating dynamical interactions between the two binaries and confirming that they form a gravitationally-bound quadruple system with a 2+2 hierarchy. The Aa+Ab binary, Ba+Bb binary, and A-B system are aligned with respect to each other within a fraction of a degree: the respective mutual orbital inclinations are 0.25 degrees (A vs B), 0.37 degrees (A vs A-B), and 0.47 degrees (B vs A-B). The A-B system has an orbital period of 432 days - the second shortest amongst confirmed quadruple systems - and an orbital eccentricity of 0.3.