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How to Get Paid for Competing
Added by ntrefz , last edited by smcd on Jan 26, 2010  (view change)
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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.

2010 Timing



+ +Payments marked as owed with a creation date on or before:+ + + +Will be paid by:+ +  
January 1 - 31 February 15, 2010  
February 1 - 28 March 15, 2010  
March 1 - 31 April 15, 2010  
April 1 - 30 May 17, 2010  
May 1 - 31 June 15, 2010  
June 1 - 30 July 15, 2010  
July 1 -31 August 16, 2010  
August 1 - 31 September 15, 2010  
September 1 - 30 October 15, 2010  
October 1 - 31 November 15, 2010  
November 1 - 30 December 15, 2010  
December 1 - 31 January 17, 2011  
     
+ 2010 Royalties + + +Will be paid by+ +
Q1 2010 May 17, 2010
Q2 2010 August 16, 2010
Q3 2010 November 15, 2010
Q4 2010 February 15, 2011
     
  • *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 TBD TBD
TCO TBD TBD
     
     
     

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

  The only exceptions to this schedule are:


  • 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.
  • Members may request that TopCoder hold payments until the balance reaches $500. Please e-mail payments@topcoder.com with your handle, full name, and whether you want your payemnts held until your balance reaches the $500 limit or paid out every month if your balance is greater than $25.

Payment Methods
Members can be paid by ACH, 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.

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).

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. 

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.