TopCoder begins the payment process for algorithm, design, development and assembly contests one business day after each contest is concluded. Design, development, and assembly contests are over when they are closed and removed from the online review tool. This will happen by 5:00 PM Eastern Time on the business day following the end of final review (for a successful project) or when all submissions have failed screening or review.

Timing

2008 Member Payment Schedule
Payments are in PACTs either as system generated or manually entered.* * System generated payments are updated daily.* * Manual payments are input weekly, typically on Friday.* * Payment creation date is the date it is entered into the system.

+ +Payments marked as owed with a creation date on or before:+ +	+ +Will be paid by:+ +
January 1 - 31	February 16, 2009
February 1 - 29	March 16, 2009
March 1 - 31	April 15, 2009
April 1 - 30	May 15, 2009
May 1 - 31	June 15, 2009
June 1 - 30	July 15, 2009
July 1 -31	August 17, 2009
August 1 - 31	September 15, 2009
September 1 - 30	October 15, 2009
October 1 - 31	November 16, 2009
November 1 - 30	December 15, 2009
December 1 - 31	January 15, 2010
*Digital Run* *
+ +Stage+ +	+ +Date+ +	+ +Will be paid by+ +
2007.5 Stage 2	September 1 - December 31, 2007	March 14, 2008
2008 Stage 1	January 1 - March 31	June 16, 2008
2008 Stage 2	April 1 - June 30	September 15, 2008
2008 July	July 1 - July 31	September 15, 2008
2008 August	August 1 - August 31	October 15, 2008
2008 September	September 1 - September 30	November 15, 2008
2008 October	October 1 - October 31	December 15, 2009
2008 November	November 1 - November 30	January 15 2009
2008 December	December 1 - December 31	February 15, 2009

*Tournaments* *		Please remember that all winners of TCHS competitions must complete their 18th birthday for payments to be processed.
+ +Events+ +	+ +Date+ +	+ +Will be paid by+ +
TCHS	March 13 - 16, 2008	June 16, 2008
TCO	Jun 1 - 4, 2009	August 15, 2009
TCCC	TBD	TBD
*Royalties* *
+ +Date+ +	+ +Will be paid by+ +
October 1 - December 31, 2007	March 14, 2008
January 1 - March 31, 2008	May 15, 2008
April 1 - June 30, 2008	August 15, 2008
July 1 - September 30, 2008	November 14, 2008
October 1 - December 31, 2008	February 13, 2009

• *** Note: The date when you actually receive your payment will depend on the payment method you select.

• Payments totaling less than $25.00. Payments will be held until the total balance that is owed you reaches or exceeds $25.00, at which point the normal payment process will begin.
• When members request that TopCoder hold payments. You may prefer one larger payment to multiple smaller ones, for example, or you may want to ensure that a check doesn't come while you're out of town - if so, please e-mail payments@topcoder.com with your handle, full name, and the timing and/or dollar amount of your hold request.

Payment Methods
Members can be paid by check, by wire transfer, or by PayPal®. Learn more.

Tracking Payments
Members can track the status of their payments through the Payments page under "My TopCoder".

Manual Entry of Payments into PACTs

Only component payments are essentially automatically processed to be reflected in PACTs when their status is updated in Online Review or in JIRA. All other payment types have to be processed manually so they do not show up in PACTs right after their status has been updated in Online Review and JIRA. Here is the schedule for the timing of the processing of payments that are entered into PACTs manually:

Payments that have been updated in Online Review and JIRA by 12:00 pm (EST) on Wednesday will be entered into PACTs by 5:00 pm on Friday of the same week. If you do not see these payments in PACTs by 5:00 pm (EST) on Friday of the same week please contact us at payments@topcoder.com to alert us of the missing payments.

Any payments that have been updated in Online Review and JIRA after 12:00 pm (EST) on Wednesday will be entered into PACTs by 5:00 pm on Friday of the following week. In this situation it could take up to a week and a half for payments updated in Online Review and JIRA to be reflected in PACTs. If you do not see these payments in PACTs by 5:00 pm (EST) on Friday of the following week please contact us at payments@topcoder.com to alert us of the missing payments.

Requirements
Before TopCoder can process payment, we must have your full name and a complete and accurate address in your member profile, as well as any required affidavits, assignment forms, and completed tax forms on file.

• Update your member profile now.

To receive payments from Algorithm Competitions, you must have submitted a notarized affidavit and affirmed the affidavit from the relevant competition online (note: does not apply to design or development competitions).

• Learn more about affidavits.

To receive payments for competitions other than Algorithm Competitions (and to submit in upcoming TopCoder Studio competitions), you must have submitted a competition assignment document. 

• Learn more about assignments.

The tax forms we need will vary, depending on where you live. Learn more:

• Requirements for U.S. persons, including U.S. citizens and resident alien
• Requirements for foreign person, non-resident alien or foreign national performing work inside the United States.
• Foreign person, non-resident alien or foreign national performing work outside the U.S.

Please note: TopCoder can not determine which requirements apply to your situation. You are responsible for determining which requirements apply to you, and you are responsible for completing the applicable tax form(s). For further guidance, refer to the instructions on each tax form, or consult an attorney or other expert for advice.

Assembly and Architecture Payments

All Architecture and Assembly projects will pay 75% of first prize after successful Final Review. The remaining 25% will be paid 30 days from this date.

If the winner does not provide support during the 30 days, the 25% will be forfeit. Support tasks beyond bug fixing will be enumerated in the competition specification. Any exceptions to this policy will be clearly stated in the competition.

Please email any other questions to payments@topcoder.com. Please be sure to include both your TopCoder handle and your full name in all of correspondence.