Gentlemen, your choices are to pay standard income taxes on these amounts, or to wait until one of those new, shiny IRS agents wants to meet you. At that point, you can explain why you think this doesn’t apply.
Let’s be real. Are you going to risk having your finances fully examined when the taxman wants an additional $100 or two?
I don’t make enough money to pay income taxes so I’m not worries about it. Tiny bit of extra work added W9s on income form.