A digital calibration circuit is used to provide joint-elimination of transmitter and receiver I/Q imbalances. Digital I and Q quadrature signals are received and converted to analog I and Q quadrature signals on I and Q for transmission on output channels. An output mixer is used to convert the quadrature signals to an unbalanced RF output. An unbalanced RF signal is received selectively either externally or from the RF output using a source follower, and the received signal is mixed to provide analog I and Q quadrature signals, using a local oscillator (LO). The LO adds an additional 90° phase shift between I and Q quadrature channels of the unbalanced RF input. Parameter estimating the transmitted digital I and Q quadrature signals and providing estimations of I and Q quadrature imbalance conditions.