We study the spin-flavor precession of neutrinos in a magnetic field within the quantum field theory approach in which neutrinos are virtual particles. Neutrinos are taken to be Majorana particles having a nonzero transition magnetic moment. We derive the dressed propagators of the neutrino mass eigenstates exactly accounting for the magnetic field contribution. The matrix element and the transition probability for the spin-flavor precession are obtained in the approximation of the forwardly sca