Set your Instant Pot to "Saute". Add butter to melt.
Add the ground turkey and cook until no longer pink, using a meat chopper or spoon to break up the meat as it cooks.
Stir in the taco seasoning and smoked paprika.
Add the chicken broth, all the canned ingredients (both beans, corn and tomatoes) and salsa. Stir well to combine.
Put the lid on your instant pot with the seal set in the middle to "Sealing".
Use the manual setting and set the time for 5 minutes.
Allow the instant pot to get to pressure then it will count down the five minutes.
I allow my instant pot to release pressure on its own. But you can manually release it if you prefer.
Top the bowls of soup with chopped avocado, chopped cilantro (optional - not everyone likes cilantro), shredded cheddar cheese, sour cream and a lime wedge.