01 - Heat a large pot over medium heat. Add ground turkey and cook, breaking it up, until browned and cooked through, about 5 to 6 minutes. Drain any excess fat if necessary.
02 - Add chopped onion and diced red bell pepper to the pot. Sauté for 4 to 5 minutes until softened.
03 - Stir in minced garlic and cook for 1 minute until fragrant.
04 - Add chili powder, ground cumin, smoked paprika, dried oregano, salt, black pepper, and optional cayenne pepper. Stir to evenly coat the vegetables and turkey.
05 - Add diced tomatoes, tomato paste, drained kidney beans, and chicken broth. Stir thoroughly to combine all components.
06 - Bring the mixture to a boil, then reduce heat to low. Cover and simmer for 30 minutes, stirring occasionally.
07 - Taste the chili and adjust seasonings as preferred.
08 - Ladle chili into bowls and garnish with shredded sharp cheddar cheese and chopped fresh cilantro, if desired.