Gather your cooking tools: a large pot or Dutch oven and a wooden spoon.
Heat olive oil over medium heat. Add chopped onions and minced garlic; sauté until soft and fragrant (about 5 minutes).
Add ground turkey to the pot, breaking it apart with the wooden spoon. Cook until browned (approximately 7 minutes).
Stir in diced bell peppers; cook for another 3 minutes until slightly softened.
Mix in diced tomatoes, kidney beans, chili powder, cumin, salt, and pepper. Stir well and let simmer for at least 20 minutes to meld flavors.
Taste for seasoning and adjust if necessary. Serve hot with desired toppings.