Is there a field $K$ (ideally a number field not containing $i$) such that there is a quadratic polynomial $f = T^2 + aT + b\in K[T]$ satisfying the property that $f^2+1$ is also a square in $K[T]$?
For various complicated reasons my investigations has led me to consider this problem...
Not if $K$ has characteristic $\ne 2$.
If $f^2+1=g^2$, then $1=(f+g)(f-g)$ has degree $0$, but at least one of $f\pm g$ has degree $\ge 2$.