Cook turkey in a large non-stick soup pot over medium high heat. After 2-3 minutes, add the bell pepper and onion. Cook until turkey has browned and vegetables are semi-soft, about 4-5 more minutes.
Add all remaining ingredients, except for cheddar cheese. Turn heat to high, bringing items to a boil, then reduce heat to low and simmer for 10-15 minutes to allow flavors to combine.
Ladle into bowls and garnish each serving with 1 Tablespoon shredded cheese*
Notes
*Each serving is 5 Weight Watchers Points Plus, with or without the cheese on top.