PayPal 1099 -- FYI

Giganews Newsgroups
Subject: PayPal 1099 -- FYI
Posted by:  Red E. Kilowatt (SPAMTR…
Date: Thu, 2 Feb 2012

If you receive payments via PayPal, be advised that they count every
order you received as income on your 1099, even if the order was
immediately cancelled and the money refunded.

Shouldn't they only report as income money that you actually received
from them?