Characterize and model Inertial Measurement Unit (IMU) errors due to transient dynamic soft tissue artifacts excited by impulsive loads, such as foot strikes during running and jumping. We instrumented 10 participants (5 female, 5 male) with IMUs on the dominant leg. An ankle IMU measured reference vertical accelerations during impulsive loads and was cross-validated against vertical force measures. Two IMUs on the posterior shank and anterior shank were used to characterize errors caused by dynamic soft tissue artifacts with respect to the reference. Shank sensors' masses were varied to explore their effect on dynamic soft tissue artifacts. Both the posterior IMU and anterior IMU overestimated peak vertical accelerations during the impulsive load (gain of 2.18 ± 0.63 and 1.55 ± 0.35 respectively). The post- impulsive load oscillation duration and natural frequency varied with sensor mass according to an underdamped second-order system, with posterior IMU and anterior IMU durations of 326 ± 75ms and 151 ± 50ms respectively and natural frequencies of 9.79 ± 2.68Hz and 18.22 ± 12.10Hz respectively. Low-pass filtering reduced overestimation of peak vertical accelerations, but also attenuated the reference measure. Our study suggests dynamic soft tissue artifacts result in transient, but substantial measurement errors that may not be appropriately mitigated through low-pass filtering. However, these dynamic soft tissue artifacts can be modeled using an underdamped second-order system and used to estimate material properties of underlying soft tissue. We demonstrate that dynamic soft tissue artifacts can be modeled and potentially mitigated to improve accuracy in applications necessitating measurement of impulsive loads such as foot strikes.