diff --git a/library/jesd204/ad_ip_jesd204_tpl_dac/Makefile b/library/jesd204/ad_ip_jesd204_tpl_dac/Makefile
index 1d75a58fa..4882f6b44 100644
--- a/library/jesd204/ad_ip_jesd204_tpl_dac/Makefile
+++ b/library/jesd204/ad_ip_jesd204_tpl_dac/Makefile
@@ -11,6 +11,7 @@ GENERIC_DEPS += ../../common/ad_dds_2.v
 GENERIC_DEPS += ../../common/ad_dds_cordic_pipe.v
 GENERIC_DEPS += ../../common/ad_dds_sine.v
 GENERIC_DEPS += ../../common/ad_dds_sine_cordic.v
+GENERIC_DEPS += ../../common/ad_iqcor.v
 GENERIC_DEPS += ../../common/ad_perfect_shuffle.v
 GENERIC_DEPS += ../../common/ad_rst.v
 GENERIC_DEPS += ../../common/up_axi.v
diff --git a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac.v b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac.v
index 4c28529c3..5aaa4aab3 100644
--- a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac.v
+++ b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac.v
@@ -38,7 +38,8 @@ module ad_ip_jesd204_tpl_dac #(
   parameter DDS_TYPE = 1,
   parameter DDS_CORDIC_DW = 16,
   parameter DDS_CORDIC_PHASE_DW = 16,
-  parameter DATAPATH_DISABLE = 0
+  parameter DATAPATH_DISABLE = 0,
+  parameter IQCORRECTION_DISABLE = 1
 ) (
   // jesd interface
   // link_clk is (line-rate/40)
@@ -105,11 +106,16 @@ module ad_ip_jesd204_tpl_dac #(
   wire [NUM_CHANNELS*16-1:0] dac_pat_data_0_s;
   wire [NUM_CHANNELS*16-1:0] dac_pat_data_1_s;
   wire [NUM_CHANNELS*4-1:0] dac_data_sel_s;
+  wire [NUM_CHANNELS-1:0]  dac_iqcor_enb;
+  wire [NUM_CHANNELS*16-1:0] dac_iqcor_coeff_1;
+  wire [NUM_CHANNELS*16-1:0] dac_iqcor_coeff_2;
 
   // regmap
 
   ad_ip_jesd204_tpl_dac_regmap #(
     .ID (ID),
+    .DATAPATH_DISABLE (DATAPATH_DISABLE),
+    .IQCORRECTION_DISABLE (IQCORRECTION_DISABLE),
     .FPGA_TECHNOLOGY (FPGA_TECHNOLOGY),
     .FPGA_FAMILY (FPGA_FAMILY),
     .SPEED_GRADE (SPEED_GRADE),
@@ -158,6 +164,10 @@ module ad_ip_jesd204_tpl_dac #(
     .dac_pat_data_1 (dac_pat_data_1_s),
     .dac_data_sel (dac_data_sel_s),
 
+    .dac_iqcor_enb (dac_iqcor_enb),
+    .dac_iqcor_coeff_1 (dac_iqcor_coeff_1),
+    .dac_iqcor_coeff_2 (dac_iqcor_coeff_2),
+
     .jesd_m (NUM_CHANNELS),
     .jesd_l (NUM_LANES),
     .jesd_s (SAMPLES_PER_FRAME),
@@ -171,6 +181,7 @@ module ad_ip_jesd204_tpl_dac #(
 
   ad_ip_jesd204_tpl_dac_core #(
     .DATAPATH_DISABLE (DATAPATH_DISABLE),
+    .IQCORRECTION_DISABLE (IQCORRECTION_DISABLE),
     .NUM_LANES (NUM_LANES),
     .NUM_CHANNELS (NUM_CHANNELS),
     .BITS_PER_SAMPLE (BITS_PER_SAMPLE),
@@ -206,7 +217,12 @@ module ad_ip_jesd204_tpl_dac #(
     .dac_dds_incr_1 (dac_dds_incr_1_s),
     .dac_pat_data_0 (dac_pat_data_0_s),
     .dac_pat_data_1 (dac_pat_data_1_s),
-    .dac_data_sel (dac_data_sel_s)
+    .dac_data_sel (dac_data_sel_s),
+
+    .dac_iqcor_enb (dac_iqcor_enb),
+    .dac_iqcor_coeff_1 (dac_iqcor_coeff_1),
+    .dac_iqcor_coeff_2 (dac_iqcor_coeff_2)
+
   );
 
 endmodule
diff --git a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_channel.v b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_channel.v
index 78a1971f7..575781790 100644
--- a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_channel.v
+++ b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_channel.v
@@ -25,12 +25,14 @@
 
 module ad_ip_jesd204_tpl_dac_channel #(
   parameter DATAPATH_DISABLE = 0,
+  parameter IQCORRECTION_DISABLE = 1,
   parameter DATA_PATH_WIDTH = 4,
   parameter CONVERTER_RESOLUTION = 16,
   parameter BITS_PER_SAMPLE = 16,
   parameter DDS_TYPE = 1,
   parameter DDS_CORDIC_DW = 16,
-  parameter DDS_CORDIC_PHASE_DW = 16
+  parameter DDS_CORDIC_PHASE_DW = 16,
+  parameter Q_OR_I_N = 0
 ) (
   // dac interface
 
@@ -59,7 +61,13 @@ module ad_ip_jesd204_tpl_dac_channel #(
   input [15:0] dac_dds_incr_1,
 
   input [15:0] dac_pat_data_0,
-  input [15:0] dac_pat_data_1,
+  input [15:0] dac_pat_data_1, 
+
+  input        dac_iqcor_enb,
+  input [15:0] dac_iqcor_coeff_1,
+  input [15:0] dac_iqcor_coeff_2,
+
+  input [DATA_PATH_WIDTH*BITS_PER_SAMPLE-1:0]  dac_iqcor_data_in,
 
   output reg dac_enable = 1'b0
 );
@@ -72,6 +80,7 @@ module ad_ip_jesd204_tpl_dac_channel #(
   wire [CHANNEL_DATA_WIDTH-1:0] dac_dds_data_s;
   wire [CHANNEL_DATA_WIDTH-1:0] dac_dma_data_s;
   wire [CHANNEL_DATA_WIDTH-1:0] dac_pat_data_s;
+  wire [CHANNEL_DATA_WIDTH-1:0] dac_iqcor_data_s;
 
   generate
     if (DATA_PATH_WIDTH > 1) begin
@@ -98,6 +107,23 @@ module ad_ip_jesd204_tpl_dac_channel #(
     end
   endgenerate
 
+  ad_iqcor #(
+    .Q_OR_I_N (Q_OR_I_N),
+    .DISABLE (IQCORRECTION_DISABLE),
+    .CR (CR),
+    .DPW (DATA_PATH_WIDTH)
+  ) i_ad_iqcor (
+    .clk (clk),
+    .valid (1'b1),
+    .data_in (dac_dma_data_s),
+    .data_iq (dac_iqcor_data_in),
+    .valid_out (),
+    .data_out (dac_iqcor_data_s),
+    .iqcor_enable (dac_iqcor_enb),
+    .iqcor_coeff_1 (dac_iqcor_coeff_1),
+    .iqcor_coeff_2 (dac_iqcor_coeff_2));
+
+
   // dac data select
 
   always @(posedge clk) begin
@@ -108,7 +134,7 @@ module ad_ip_jesd204_tpl_dac_channel #(
       4'h5: dac_data <= ~pn15_data;
       4'h4: dac_data <= ~pn7_data;
       4'h3: dac_data <= 'h00;
-      4'h2: dac_data <= dac_dma_data_s;
+      4'h2: dac_data <= dac_iqcor_data_s;
       4'h1: dac_data <= dac_pat_data_s;
       default: dac_data <= dac_dds_data_s;
     endcase
diff --git a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_core.v b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_core.v
index 2bcf2dfbd..bab086891 100644
--- a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_core.v
+++ b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_core.v
@@ -25,6 +25,7 @@
 
 module ad_ip_jesd204_tpl_dac_core #(
   parameter DATAPATH_DISABLE = 0,
+  parameter IQCORRECTION_DISABLE = 1,
   parameter NUM_LANES = 1,
   parameter NUM_CHANNELS = 1,
   parameter BITS_PER_SAMPLE = 16,
@@ -66,6 +67,10 @@ module ad_ip_jesd204_tpl_dac_core #(
   input [NUM_CHANNELS*16-1:0] dac_pat_data_0,
   input [NUM_CHANNELS*16-1:0] dac_pat_data_1,
 
+  input [NUM_CHANNELS-1:0]  dac_iqcor_enb,
+  input [NUM_CHANNELS*16-1:0] dac_iqcor_coeff_1,
+  input [NUM_CHANNELS*16-1:0] dac_iqcor_coeff_2,
+
   output [NUM_CHANNELS-1:0] enable
 );
 
@@ -116,6 +121,13 @@ module ad_ip_jesd204_tpl_dac_core #(
   generate
   genvar i;
   for (i = 0; i < NUM_CHANNELS; i = i + 1) begin: g_channel
+
+    // Find the pair of the current channel for I/Q channels
+    // Assuming even channels are I, odd channels are Q
+    // Assuming channel count is even other case do not pair channels
+    localparam IQ_PAIR_CH_INDEX = (NUM_CHANNELS%2) ? i :
+                                  (i%2) ? i-1 : i+1;
+
     ad_ip_jesd204_tpl_dac_channel #(
       .DATA_PATH_WIDTH (DATA_PATH_WIDTH),
       .CONVERTER_RESOLUTION (CONVERTER_RESOLUTION),
@@ -123,7 +135,9 @@ module ad_ip_jesd204_tpl_dac_core #(
       .BITS_PER_SAMPLE (BITS_PER_SAMPLE),
       .DDS_TYPE (DDS_TYPE),
       .DDS_CORDIC_DW (DDS_CORDIC_DW),
-      .DDS_CORDIC_PHASE_DW (DDS_CORDIC_PHASE_DW)
+      .DDS_CORDIC_PHASE_DW (DDS_CORDIC_PHASE_DW),
+      .IQCORRECTION_DISABLE(IQCORRECTION_DISABLE),
+      .Q_OR_I_N(i%2)
     ) i_channel (
       .clk (clk),
       .dac_enable (enable[i]),
@@ -146,7 +160,13 @@ module ad_ip_jesd204_tpl_dac_core #(
       .dac_dds_incr_1 (dac_dds_incr_1[16*i+:16]),
 
       .dac_pat_data_0 (dac_pat_data_0[16*i+:16]),
-      .dac_pat_data_1 (dac_pat_data_1[16*i+:16])
+      .dac_pat_data_1 (dac_pat_data_1[16*i+:16]),
+
+      .dac_iqcor_enb (dac_iqcor_enb[i]),
+      .dac_iqcor_coeff_1 (dac_iqcor_coeff_1[16*i+:16]),
+      .dac_iqcor_coeff_2 (dac_iqcor_coeff_2[16*i+:16]),
+      .dac_iqcor_data_in (dac_ddata[DMA_CDW*IQ_PAIR_CH_INDEX+:DMA_CDW])
+
     );
   end
   endgenerate
diff --git a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_ip.tcl b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_ip.tcl
index 572522529..e7b221a4f 100644
--- a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_ip.tcl
+++ b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_ip.tcl
@@ -33,6 +33,7 @@ adi_ip_files ad_ip_jesd204_tpl_dac [list \
   "$ad_hdl_dir/library/common/ad_dds_2.v" \
   "$ad_hdl_dir/library/common/ad_dds_1.v" \
   "$ad_hdl_dir/library/common/ad_dds.v" \
+  "$ad_hdl_dir/library/common/ad_iqcor.v" \
   "$ad_hdl_dir/library/common/ad_perfect_shuffle.v" \
   "$ad_hdl_dir/library/common/ad_rst.v" \
   "$ad_hdl_dir/library/common/up_axi.v" \
@@ -144,6 +145,7 @@ set i 0
 
 foreach {k v w} {
   "DATAPATH_DISABLE" "Disable Datapath" "checkBox" \
+  "IQCORRECTION_DISABLE" "Disable IQ Correction" "checkBox" \
   "DDS_TYPE" "DDS Type" "comboBox" \
   "DDS_CORDIC_DW" "CORDIC DDS Data Width" "text" \
   "DDS_CORDIC_PHASE_DW" "CORDIC DDS Phase Width" "text" \
diff --git a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_regmap.v b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_regmap.v
index eeb201a43..37dc8e14e 100644
--- a/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_regmap.v
+++ b/library/jesd204/ad_ip_jesd204_tpl_dac/ad_ip_jesd204_tpl_dac_regmap.v
@@ -25,6 +25,8 @@
 
 module ad_ip_jesd204_tpl_dac_regmap #(
   parameter ID = 0,
+  parameter DATAPATH_DISABLE = 0,
+  parameter IQCORRECTION_DISABLE = 1,
   parameter FPGA_TECHNOLOGY = 0,
   parameter FPGA_FAMILY = 0,
   parameter SPEED_GRADE = 0,
@@ -79,6 +81,10 @@ module ad_ip_jesd204_tpl_dac_regmap #(
   output [NUM_CHANNELS*16-1:0] dac_pat_data_0,
   output [NUM_CHANNELS*16-1:0] dac_pat_data_1,
 
+  output [NUM_CHANNELS-1:0]  dac_iqcor_enb,
+  output [NUM_CHANNELS*16-1:0] dac_iqcor_coeff_1,
+  output [NUM_CHANNELS*16-1:0] dac_iqcor_coeff_2,
+
   // Framer interface
   input [NUM_PROFILES*8-1: 0] jesd_m,
   input [NUM_PROFILES*8-1: 0] jesd_l,
@@ -179,6 +185,7 @@ module ad_ip_jesd204_tpl_dac_regmap #(
   up_dac_common #(
     .COMMON_ID(6'h0),
     .ID (ID),
+    .CONFIG((DATAPATH_DISABLE << 6) | (IQCORRECTION_DISABLE << 0)),
     .FPGA_TECHNOLOGY (FPGA_TECHNOLOGY),
     .FPGA_FAMILY (FPGA_FAMILY),
     .SPEED_GRADE (SPEED_GRADE),
@@ -237,7 +244,7 @@ module ad_ip_jesd204_tpl_dac_regmap #(
       .COMMON_ID(6'h1 + i/16),
       .CHANNEL_ID (i % 16),
       .USERPORTS_DISABLE (1),
-      .IQCORRECTION_DISABLE (1)
+      .IQCORRECTION_DISABLE (IQCORRECTION_DISABLE)
     ) i_up_dac_channel (
       .dac_clk (link_clk),
       .dac_rst (dac_rst),
@@ -251,9 +258,9 @@ module ad_ip_jesd204_tpl_dac_regmap #(
       .dac_pat_data_2 (dac_pat_data_1[16*i+:16]),
       .dac_data_sel (dac_data_sel[4*i+:4]),
       .dac_iq_mode (),
-      .dac_iqcor_enb (),
-      .dac_iqcor_coeff_1 (),
-      .dac_iqcor_coeff_2 (),
+      .dac_iqcor_enb (dac_iqcor_enb[i]),
+      .dac_iqcor_coeff_1 (dac_iqcor_coeff_1[16*i+:16]),
+      .dac_iqcor_coeff_2 (dac_iqcor_coeff_2[16*i+:16]),
       .up_usr_datatype_be (),
       .up_usr_datatype_signed (),
       .up_usr_datatype_shift (),