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Maureens qualified higher education expenses are $7,000. Maureens redemption proceeds from qualified savings bonds during the taxable year of 2020 are $10,000 (principal of $8,000

Maureens qualified higher education expenses are $7,000. Maureens redemption proceeds from qualified savings bonds during the taxable year of 2020 are $10,000 (principal of $8,000 and interest of $2,000). How much of the interest (if any) should Maureen include in her gross income in 2020?

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$400

$1,400

$0

$600

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