The primary scientific results of the future space-based gravitational wave interferometer LISA will come from the parameter inference of a large variety of gravitational wave sources. However, the presence of calibration errors could potentially degrade the measurement precision of the system parameters. Here, we assess the impact of calibration uncertainties on parameter estimation for individual sources, focusing on massive black holes, extreme-mass-ratio inspirals (EMRIs), galactic binaries, and stellar origin black hole binaries. Using a Fisher matrix formalism, we investigate how the measurement precision of source parameters degrades as a function of the size of the assumed calibration uncertainties. If we require that parameter measurements are degraded by no more than a factor of two relative to their value in the absence of calibration error, we find that calibration errors should be smaller than a few tenths of a percent in amplitude and $10^{-3}$ in phase. We also investigate the possibility of using verification binaries and EMRIs to constrain calibration uncertainties. Verification binaries can constrain amplitude calibration uncertainties at the level of a few percent, while both source types can provide constrain phase calibration at the level of a few$\times10^{-2}$.