Place the frozen ground turkey in the Instant Pot and top with the remaining ingredients, reserving 1/3 cup of the corn and 1/3 cup of the black beans for garnish.
Seal the lid, close the valve, and set the Manual/Pressure Cook button to 25 minutes.
Use a quick pressure release. When the valve drops, carefully remove the lid and stir, breaking up the turkey.
Before serving, garnish each portion with the reserved corn (thawed) and black beans.