I have income from two sources: self-employment and foreign earned income. 

My self-employment income is -$15,000 while my foreign earned income is $75,000. I'm taking the foreign earned income exclusion on $75k amount.

I'm wondering if foreign earned income that is excluded is calculated as part of net operating income. Is my net operating income a loss at -$15k that can be carried backwards/forwards to other years or is it a net positive income at $60k?