A method and apparatus for outbound wave subtraction using a variable offset amplifier is described. The method includes calibration of a bi-directional signaling circuit in order to calculate one or more offset codes for cancellation of an outbound wave within a bi-directional communications link. Once the one or more offset codes are calculated, it is determined whether a dual inbound wave is received by the bi-directional signaling circuit. Once received, an offset code from the one or more calculated offset codes is selected according to a value of an outbound wave within the dual inbound/outbound wave. Finally, the outbound wave is cancelled from the dual inbound wave at an output of a variable offset amplifier using the selected offset code.