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One of the most powerful and potentially useful methods of time-dependent matrix differential equations is the Magnus expansion. In this work, we applied the Magnus expansion for Schrödinger and master equations of a dissipative two-level system interacting with a time-dependent π pulse. Two different models of dissipative two-level systems are considered, namely (i) the system decays from two considered levels into some other levels with given decay rates; (ii) the system decays from its excited level to its ground level. The obtained approximate solutions of a time dynamics by the first-order Magnus expansion are well consistent with the results of numerical calculations obtained by the fourth-order Runge-Kutta method.