Step 1: Recognize the identity.
The product of tangent values from \( \tan 1^\circ \) to \( \tan 89^\circ \) has a well-known trigonometric identity. Specifically, the identity:
\[
\tan x \times \tan(90^\circ - x) = 1.
\]
This identity pairs up terms such that each pair of angles (e.g., \( \tan 1^\circ \) and \( \tan 89^\circ \)) multiplies to 1.
Step 2: Simplifying the product.
By applying this identity to all pairs, we see that the entire product simplifies to 1. Thus, the correct answer is 1.
Step 3: Conclusion.
Therefore, the correct answer is option (B) 1.