Let me add one more solution. It is not really different from the accepted one, but it includes all details. The problem is that a student without sufficient experience will not even see necessity to fill details.
Theorem. If $f\in C^\infty(\mathbb{R})$ and for every $x\in\mathbb{R}$ there is a nonnegative integer $n$ such that $f^{(n)}(x)=0$, then $f$ is a polynomial.
The following exercise shows that the result cannot be to easy.
Exercise. Prove that there is a function $f\in C^{1000}(\mathbb{R})$ which is not a polynomial, but has the property described in the above theorem.
Proof of the theorem. Let $\Omega\subset\mathbb{R}$ be the union of all open intervals $(a,b)\subset\mathbb{R}$ such that $f|_{(a,b)}$ is a polynomial. The set $\Omega$ is open, so $$ \Omega=\bigcup_{i=1}^\infty (a_i, b_i)\, , \qquad \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ (1) $$ where $a_i<b_i$ and $(a_i, b_i)\cap (b_i, b_j)\neq\emptyset$ for $i\neq j$. Observe that $f|_{(a_i, b_i)}$ is a polynomial (Why?)*. We want to prove that $\Omega=\mathbb{R}$. First we will prove that $\overline{\Omega}=\mathbb{R}$. To this end it suffices to prove that for any interval $[a,b]$, $a<b$ we have $[a,b]\cap\Omega\neq\emptyset$. Let $$ E_n=\{x\in\mathbb{R}:\, f^{(n)}(x)=0\}\, . $$ The sets $E_n\cap [a,b]$ are closed and $$ [a,b]=\bigcup_{n=0}^\infty E_n\cap [a,b]\, . $$ Since $[a,b]$ is complete, it follows from the Baire theorem that for some $n$ the set $E_n\cap [a,b]$ has nonempty interior (in the topology of $[a,b]$), so there is $(c,d)\subset E_n\cap [a,b]$ such that $f^{(n)}=0$ on $(c,d)$. Accordingly $f$ is a polynomial on $(c,d)$ and hence $$ (c,d)\subset\Omega\cap [a,b]\neq\emptyset. $$ The set $X=\mathbb{R}\setminus\Omega$ is closed and hence complete. It remains to prove that $X=\emptyset$. Suppose not. Observe that every point $x\in X$ is an accumulation point of the set, i.e. there is a sequence $x_i\in X$, $x_i\neq x$, $x_i\to x$. Indeed, otherwise $x$ would be an isolated point, i.e. there would be two intervals $$ (a,x),\, (x,b)\subset\Omega,\ x\not\in\Omega\, . \qquad \ \ \ \ \ \ \ \ \ \ \ \ (2) $$ The function $f$ restricted to each of the two intervals is a polynomial, say of degrees $n_1$ and $n_2$. If $n>\max\{ n_1, n_2\}$, then $f^{(n)}=0$ on $(a,x)\cup (x,b)$. Since $f^{(n)}$ is continuous on $(a,b)$, it must be zero on the entire interval and hence $f$ is a polynomal of degree $\leq n-1$ on $(a,b)$, so $(a,b)\subset\Omega$ which contradicts (2).
The space $X=\mathbb{R}\setminus\Omega$ is complete. Since $$ X=\bigcup_{n=1}^\infty X\cap E_n\, , $$ the second application of the Baire theorem gives that $X\cap E_n$ has a nonempty interior in the topology of $X$, i.e. there is an interval $(a,b)$ such that $$ X\cap (a,b)\subset X\cap E_n\neq\emptyset\, . \qquad \ \ \ \ \ \ \ \ \ \ \ \ \ (3) $$ Accordingly $f^{(n)}(x)=0$ for all $x\in X\cap (a,b)$. Since for every $x\in X\cap (a,b)$ there is a sequence $x_i\to x$, $x_i\neq x$ such that $f^{(n)}(x_i)=0$ it follows from the definition of the derivative that $f^{(n+1)}(x)=0$ for every $x\in X\cap (a,b)$, and by induction $f^{(m)}(x)=0$ for all $m\geq n$ and all $x\in X\cap (a,b)$.
We will prove that $f^{(n)}=0$ on $(a,b)$. This will imply that $(a,b)\subset\Omega$ which is a contradiction with (3). Since $f^{(n)}=0$ on $X\cap (a,b)=(a,b)\setminus\Omega$ it remains to prove that $f^{(n)}=0$ on $(a,b)\cap\Omega$. To this end it suffices to prove that for any interval $(a_i, b_i)$ that appears in (1) such that $(a_i, b_i)\cap (a,b)\neq\emptyset$, $f^{(n)}=0$ on $(a_i, b_i)$. Since $(a,b)$ is not contained in $(a_i, b_i)$ one of the endpoints belongs to $(a,b)$, say $a_i\in (a,b)$. Clearly $a_i\in X\cap (a,b)$ and hence $f^{(m)}(a_i)=0$ for all $m\geq n$. If $f$ is a polynomial of degree $k$ on $(a_i, b_i)$, then $f^{(k)}$ is a nonzero constant on $(a_i, b_i)$, so $f^{(k)}(a_i)\neq 0$ by continuity of the derivative. Thus $k<n$ and hence $f^{(n)}=0$ on $(a_i,b_i)$. $\Box$
Exercise. As the previous exercise shows the theorem is not true if we only assume that $f\in C^{1000}$. Where did we use in the proof the assumption $f\in C^\infty(\mathbb{R})$?
*It suffices to prove that $f$ is a polynomial on every compact subinterval $[c,d]\subset (a_i, b_i)$. This subinterval has a finite covering by open intervals on which $f$ is a polynomial. Taking an integer $n$ larger than the maximum of the degrees of these polynomials, we see that $f^{(n)}=0$ on $[c,d]$ and hence $f$ is a polynomial of degree $<n$ on $[c,d]$.