In this paper, we give a systematic theoretical study on the Landau levels (LLs) and magneto-optical conductivity Re(σαα) in a gapped Dirac semimetal model with mixed linear and parabolic dispersions under a magnetic field, which was recently proposed by Jiang et al. [Phys. Rev. Lett. 125, 046403 (2020)] to explain the experimental magnetoinfrared spectroscopy in the three-dimensional ZrTe5 crystal. We find that the strong magnetic field can drive the LLs become noninverted and thus the strong topological insulator phase in ZrTe5 turns to be a trivial insulator. In the different magnetic field regions, the density of states and Re(σαα) can exhibit distinct signatures. Moreover, when the magnetic field is weak, a qualitative relation in Re(σzz) between the peaks at the saddle points is revealed as Re(σzz
ζn) >Re(σzz
Γ) , which is in good agreement with the experiment.