RSUs are pretty straight forward. When RSUs vest, it is similar to getting a cash bonus. When you get a cash bonus, a portion of it goes to pay withholding tax. When RSUs vest, a portion of it goes to to pay withholding tax. RSUs are not actually shares of stock, rather they represent shares of stock. Instead of selling shares of stock to pay the withholding tax, the company withholds RSUs with a value equal to the amount of withholding tax due. Shares of stock are issued for the remaining units. The total value of the RSUs that vest is ordinary income (just like a cash bonus) and is included in your taxable wages. The value is determined by the price of the stock on the day the units vest.
In your case, you had 141 RSUs that vested when the market price was $29.41. Your taxable income that will be included in box 1 of your W-2 is 141 x $29.41 = $4,146.81. Since 42 units were withheld to cover your payroll tax withholding, you only received 99 shares of stock. The cost basis of that stock is $29.41 per share, or $2,911.59 for all 99 shares. The 42 shares that were withheld, they are gone, and don't figure into anything else.
When you sold the 99 shares you were issued for $31.82 per share, with a cost basis of $29.41 per share, you realized a gain of $2.41 per share. You sold 99 shares, so your proceeds were (99 x $31.82) = $3,150.18. Your cost basis was (99 x 29.41) = $2,911.59. Your gain was (99 x 2.41) = $238.59, or ($3,150.18 - $2,911.59) = $238.59. If the amount on your Form 1099-B does not have a cost basis of $2,911.59 you need to adjust the cost basis. Enter what is on the 1099-B, and then you will be given the chance to adjust the basis in TurboTax.
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