Thanks for asking your question! I'm sorry to hear about your tax
issue and I'm going to try my best to help you understand or resolve it.
Thank you for your question. If line 4 is less than $400, then you do not have to file the form
UNLESS you have something on line 1b. Since your amount is greater than $400 then on line 56 of your 1040 the amount on line 5 of the short form is entered on line 56 of your tax return
and the amount from line 6 is entered on line 27 of your tax return.
Please let me know if you need anything additional. Thanks again for using JustAnswer.com and have a great day.
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You should be aware that your question, as with most tax questions, can never really be answered completely...addressing all the permutations; that is because of the many assumptions that have to be made I have done my best to determine what I think you are asking and answering it in the most direct and understandable manner possible. If, however, after reviewing the questions, you have any uncertainties or further questions, please do not hesitate to ask.