Embodiments of user equipment and methods for determining IQ imbalance parameters are described. In some embodiments, a method for determining in-phase (I) and Quadrature (Q) imbalance (IQ imbalance) parameters based on a known signal in a dual-carrier receiver using at least one controllable frequency offset includes receiving a known signal modulated onto a first radio frequency (RF) carrier frequency and a second RF carrier frequency different than the first RF carrier frequency. The known signal is downconverted to a baseband signal for the carriers by conversion from the respective RF carrier frequencies to an intermediate frequency (IF) using a common RF local oscillator (LO) and by further conversion from IF to baseband using carrier specific IF LOs, where a controllable frequency offset is used. Any controllable frequency offset is removed from the baseband signal for the first and second carriers to produce representations of the received signals.